Remittance inflow reaches $1.29 billion in first 12 days of Oct

Bangladesh received $1.29 billion in remittances during the first 12 days of October, up 9.2% from $1.181 billion recorded during the same period last year, according to the latest Bangladesh Bank data.

Expatriate Bangladeshis sent $124 million in remittances on October 12 alone.

During the July 1–October 12 period of the 2026-27 fiscal year, the country received $9.881 billion in remittances, compared with $8.767 billion during the same period of the previous fiscal year, marking a year-on-year increase of 12.7%.

The rising remittance inflow is expected to strengthen the country’s foreign exchange reserves and support overall economic activity.