In the first 29 days of the recently concluded month of October, expatriate Bangladeshis remitted a total of 2.43 billion US dollars to the country. During the same period last year, remittances stood at 2.21 billion dollars — indicating an increase of nearly 10 percent this year compared to the corresponding period of 2024.

Mohammad Shahriar Siddiqui, Assistant Spokesperson of Bangladesh Bank, shared the information with journalists on Thursday.

According to data from the central bank, on 29 October alone, Bangladesh received 93 million dollars in remittances. In the first four months (July–October) of the current 2025–26 fiscal year, total remittances reached 10.18 billion dollars, marking a 14.5 percent rise compared to the same period of the previous fiscal year.

Earlier, the country received 2.69 billion dollars in remittances in September, 2.42 billion dollars in August, and 2.48 billion dollars in July.

In the 2024–25 fiscal year, Bangladesh recorded more than 30 billion dollars in remittances — about 6.5 billion dollars or 27 percent higher than the previous fiscal year (2023–24).

According to sector insiders, the steady growth in remittance inflows has been playing a crucial role in stabilizing the value of the Taka, meeting import expenditures, and strengthening the overall economy.

With this consistent inflow of foreign currency, Bangladesh Bank’s total foreign exchange reserves have once again surpassed 32 billion dollars.