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Bangladesh receives $1.18 billion as remittances in 12 days of October

Bangladesh receives $1.18 billion as remittances in 12 days of October

Staff Correspondent

Bangladesh received US$1.18 billion in inward remittances in 12 days of October.

According to the Bangladesh Bank's latest remittance update, the expatriates sent $1.18 billion as remittance from 1-12 October. This flow of remittances saw a growth of 18.9 percent in 12 days of October compared with the similar period of October in the previous year (2024).

Bangladesh so far received $8.78 billion in remittances in the current fiscal year, FY2025-26, from July to October 12. In the previous year, this volume of remittance was $7.53 billion.

The expatriates sent a record US$2.48 billion remittance in July $2.42 billion in August, and $2.68 billion in September of the FY2025-26.

Bangladesh’s remittance earnings reached a new high, receiving $30.33 billion in the fiscal year 2024-25. This represents a 27 percent increase from the $23.74 billion received in the FY2023-24.

 

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