Remittance surges to $2.68 billion in 29 days of November

Dollar currency notes. Photo collected._11zon

Bangladesh has recorded a substantial inflow of remittances, totaling US $2.68 billion in the first 29 days of November, according to an updated report released by the Bangladesh Bank (BB) on Sunday.

The strong performance brings the cumulative remittance sent by overseas Bangladeshi workers for the current fiscal year FY 2025-26 to $12.83 billion (July to November 29, 2025).

The daily average remittance inflow for the first 22 days of November stands at approximately $92.44 million.

The central bank's updated figures provide a breakdown of how the $2.83 billion. Of which private sector banks received $1.87 billion, state own banks $516.94 million, specialize banks $279.57 million and foreign banks $5.55 million.

The $12.83$ billion cumulative figures for FY 2025-26 represents a notable 15.8 percent growth July to November 29, 2025, compared to the corresponding period in the previous fiscal year (FY 2024-25), during which $11.09$ billion was received.

Bangladesh Bank's data highlights a consistent and strong flow of remittances in recent months. In July expatriates sent $2.48 billion remittance, August $2.42 billion, September $2.68 billion, October $2.56 billion,

The sustained high remittance flow is a crucial factor supporting the country's foreign exchange reserves and providing stability to the economy. - UNB