Written by The Banking Post
Remittance inflows to Bangladesh rose 7.1 per cent year-on-year in the first 20 days of October, reaching US$1.78 billion, according to the latest data from the Bangladesh Bank.
During the same period last year, expatriate Bangladeshis sent $1.66 billion, the central bank data shows.
Between July and October 20 of the current fiscal year (FY2025–26), total remittances stood at $9.36 billion, up from $8.20 billion in the corresponding period of the previous fiscal year.
Economists attribute the steady inflow to rising demand for skilled migrant workers abroad and improved exchange rates in the banking channel.
