In brief
Bangladesh's central bank data shows remittance inflow for the July‑October period of 2026‑27 up 13% to $11.465 billion, the largest since the last fiscal year. The bulk of the funds come from Gulf countries, with October alone witnessing a 12.1% jump to $2.874 billion. The uptick underscores the importance of overseas earnings for the country’s foreign‑exchange reserves.
According to Xinhua, remittance inflow from Bangladeshis living abroad rose 13 percent year‑on‑year to $11.465 billion in the July – October period of the 2026‑27 fiscal year.
The figure represents the highest quarterly inflow since the preceding fiscal year, according to the central bank data released by Xinhua.
Data show that remittances remain one of the key foreign‑exchange sources for Bangladesh, with the bulk of the money coming from Middle Eastern employers, especially in the United Arab Emirates, Saudi Arabia and Kuwait.
In October alone, remittance inflows surged 12.1 percent year‑on‑year to $2.874 billion, as reported by the same source.
Over the 2025‑26 fiscal year, total remittances amounted to $35.56 billion, setting a benchmark that the latest quarterly figures surpass.
Officials highlighted the overnight growth as an indicator of the sustained importance of foreign‑exchange earnings for the economy.
