Bangladesh Remittance Hits $10B Mark in FY26, Up 14.5%

Remittance inflow to Bangladesh has crossed the $10 billion mark within the first four months (July-October) of the current Fiscal Year (FY 2025-26), showing robust growth and providing much-needed relief to the economy.

Remittance inflow exceeded $10 billion within the first 29 days of October 2025.

This figure represents a 14.5 percent increase compared to the $8.75 billion received during the same period in FY 2024-25.

Monthly Breakdown (FY 2025-26): In October (29 days) $2.43 billion (up 10.2% year-on-year) in September: $2.68 billion (up 12% year-on-year), August: $2.42 billion (up 9% year-on-year) andJuly: $2.47 billion.

Banking officials attribute the surge to strict government measures against illegal money transfers (hundi) and incentives to encourage the use of legal banking channels.

The strong growth in expatriate earnings is positively impacting the country’s foreign currency reserves and easing pressure on the US dollar in the exchange market.

Reserves Status (Latest BB Data): Gross Foreign Exchange Reserves: $32.14 billion, IMF BPM6 Standard Reserves: $27.34 billion.

In the last fiscal year (FY 2024-25), remittance hit a record $30.33 billion, a 27% increase over the preceding year.

Remittance inflow to Bangladesh has crossed the $10 billion mark within the first four months (July-October) of the current Fiscal Year (FY 2025-26), showing robust growth and providing much-needed relief to the economy.

Remittance inflow exceeded $10 billion within the first 29 days of October 2025.

This figure represents a 14.5 percent increase compared to the $8.75 billion received during the same period in FY 2024-25.

Monthly Breakdown (FY 2025-26): In October (29 days) $2.43 billion (up 10.2% year-on-year) in September: $2.68 billion (up 12% year-on-year), August: $2.42 billion (up 9% year-on-year) andJuly: $2.47 billion.

Banking officials attribute the surge to strict government measures against illegal money transfers (hundi) and incentives to encourage the use of legal banking channels.

The strong growth in expatriate earnings is positively impacting the country’s foreign currency reserves and easing pressure on the US dollar in the exchange market.

Reserves Status (Latest BB Data): Gross Foreign Exchange Reserves: $32.14 billion, IMF BPM6 Standard Reserves: $27.34 billion.

In the last fiscal year (FY 2024-25), remittance hit a record $30.33 billion, a 27% increase over the preceding year.