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Remittances Rise 12.7% to $9.88b in FY27

GreenWatch Desk: Remittance 2026-10-13, 7:28pm

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Bangladesh received US$9.88 billion in remittances from expatriates between July 1 and October 12 in the 2026–27 fiscal year, marking a 12.7% increase year-on-year, according to Bangladesh Bank data.

The country received $8.76 billion in remittances during the corresponding period of the previous fiscal year.

Data compiled by the central bank's Financial Accounting and Reporting System (FARS) showed that remittance inflows reached $1.29 billion in the first 12 days of October, up 9.2% from $1.18 billion during the same period last year.

On October 12 alone, expatriate Bangladeshis sent home $124 million.

Meanwhile, Bangladesh's foreign exchange reserves stood at $31.40 billion as of October 11 under the International Monetary Fund's Balance of Payments Manual, Sixth Edition (BPM6), accounting standard.

The country's gross foreign exchange reserves stood at $36.21 billion on the same date, according to the central bank.