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Remittance inflow reaches Tk 35,345cr in October

Published : Sunday, 1 November, 2026 at 5:36 PM

Observer Online Report

Bangladesh received $2.87 billion in remittances in October, equivalent to Tk 35,345 crore at an exchange rate of Tk 123 per dollar, as expatriate Bangladeshis sent home more money than in the previous month, according to Bangladesh Bank data.

The country received $2.87363 billion in remittances during the month, up from $2.76602 billion in September. The October inflow was also around $107.6 million higher than that of the same month last year, according to the central bank's latest report released on Sunday.

Despite the increase, monthly remittance inflows remained below the $3 billion mark for the fifth consecutive month. The trend includes the first four months of the current 2026-27 fiscal year. Bangladesh had received more than $3 billion in remittances for six consecutive months from December to May in the previous fiscal year.

Of the October inflow, state-owned banks accounted for $503.33 million, while private commercial banks received $2.12752 billion. The specialised banks brought in $237.87 million, all through Bangladesh Krishi Bank, while foreign banks received $4.91 million.

Eight banks reported no remittance inflows during October. They include state-owned Bangladesh Development Bank (BDBL), specialised Rajshahi Krishi Unnayan Bank, private-sector IC Islamic Bank and Padma Bank, and four foreign banks—Bank Alfalah, Habib Bank, National Bank of Pakistan and State Bank of India.

Bangladesh received $2.85876 billion in remittances in July, the first month of the current fiscal year, and $2.96668 billion in August.

The country received a record $35.58 billion in remittances in the 2025-26 fiscal year, compared with $30.32 billion in 2024-25.

- MaT

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Editor : Iqbal Sobhan Chowdhury

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