Written by The Banking Post
Remittance inflows posted a strong year-on-year growth of 18.9 percent, reaching $1.18 billion in the first 12 days of October, according to the latest Bangladesh Bank data.
During the same period last year, remittance receipts stood at $993 million.
From July to October 12 of the current fiscal year (FY2025-26), Bangladeshi expatriates sent a total of $8.79 billion, up from $7.54 billion during the corresponding period of the previous fiscal year.
Bankers attribute the robust inflow to a combination of stable exchange rates, incentive-backed remittance channels, and increased overseas employment placements ahead of the festive season.
