Bangladesh received $2.56 billion in remittances during October 2025, representing a 7 per cent increase compared with the same month of the previous year, according to the latest figures released by Bangladesh Bank on Sunday. In October 2024, expatriates had sent $2.4 billion to the country.

During the first four months of the current fiscal year (FY26)—from July to October—Bangladeshi expatriates remitted a total of $10.14 billion, which is about $1.24 billion more than the $8.9 billion recorded during the same period of the previous financial year.

Bank officials noted that the foreign exchange market has remained relatively stable in recent months. They added that a decline in hundi operations—the informal and often illegal method of money transfer—has encouraged more expatriates to send funds through the official banking system.

Because the exchange rate offered by banks is now almost identical to the rate in the open market, expatriates are reportedly more confident and comfortable using authorised financial channels to transfer money home.

A senior official from a leading commercial bank remarked:

“Since the interim government assumed office, the flow of remittances through formal banking channels has risen noticeably. Over the past year, Bangladesh has received an average of about $2.5 billion in remittances every month.”

Economic analysts believe this consistent growth in remittance inflows will play a crucial role in strengthening Bangladesh’s foreign exchange reserves and stabilising the taka. If the current momentum continues, the total remittance inflow for FY26 is expected to surpass previous records, providing valuable support to the country’s overall economic stability.