Play store
DHAKA: Bangladesh received $1.516 billion in remittances during the first 14 days of October, up 12.2% from $1.351 billion recorded in the same period last year, according to the latest Bangladesh Bank data.
The country received $111 million in remittances on 14 October alone, the central bank’s data showed.
Remittance inflows also recorded double-digit growth in the current 2026-27 fiscal year. From 1 July to 14 October, the country received $10.108 billion, compared with $8.937 billion during the corresponding period of the previous fiscal year, marking a year-on-year increase of 13.1%.
The continued growth in remittances is helping increase the supply of foreign currency in the economy. A sustained inflow can also support the balance of payments and ease pressure on the country’s foreign exchange reserves.
However, maintaining this growth will require continued efforts to encourage expatriate Bangladeshis to send money through formal banking channels and to curb hundi, the informal and unauthorised money transfer system.