Remittance reaches $878.56 million in first seven days of November, up 22.7 percent

Remittance sent home by expatriates through banking channels reached 878.56 million US dollars in the first seven days of November. In local currency, at 124.32 taka per dollar, the amount stands at 10,856 crore taka.

The information was learned from Bangladesh Bank sources on Sunday (8 November).

According to updated Bangladesh Bank data, remittance inflow grew 22.7 percent compared with the same period last year. In the first seven days of November last year, remittance to the country was 647 million dollars.

For the fiscal year as a whole, from 1 July to 7 November 2026, expatriate income reached 12,344 million US dollars. In the same period of the previous fiscal year (1 July to 7 November 2025), it was 10,865 million dollars.

That means annual remittance growth in the current 2026-27 fiscal year (up to 7 November) stands at 13.6 percent.

In the seven days under discussion, 187.37 million dollars came through state-owned commercial banks. The specialised Krishi Bank channelled 78.47 million dollars.

Private banks brought in the most, 611.01 million dollars, while foreign banks operating in the country brought in 1.71 million dollars.

Remittance through private banks made up about seventy percent of the total inflow. State-owned banks and Krishi Bank together accounted for about 265.8 million dollars.

Bangladesh Bank regularly publishes updated figures on remittance inflow.