Remittance inflows up 13% in July–Sept quarter

Remittance inflows to Bangladesh recorded a strong 13.0 percent year-on-year growth during the first quarter (July–September) of the current fiscal year 2026–27, backed by sustained expatriate earnings and policy measures encouraging banking channels.

According to the latest data released by Bangladesh Bank (BB), expatriate workers sent US$8.57 billion in remittances between July 1 and September 30, 2026, up from $7.58 billion during the corresponding period of the previous fiscal year.

In September 2026 alone, workers' remittance inflows reached $2.75 billion, reflecting a 2.2 percent growth compared to $2.69 billion recorded in September 2025.

On the final day of the month, September 30, non-resident Bangladeshis transferred $105 million into the country.

The latest quarter's growth aligns with a broader upward trend in remittance earnings observed throughout 2026. The year started on a high note, with January receiving a record $3.17 billion—a surge of over 45 percent compared to the same period in 2025. Higher monthly inflows continued through subsequent months, buoyed by major festival-driven transfers, enhanced exchange rate stability, and central bank crackdowns on informal remittance channels like hundi.

Financial analysts and central bank officials credit the sustained growth to market-driven exchange rate adjustments, policy incentives for legal transfers, and increased banking-channel efficiency.

The consistent inflow of expatriate income continues to play a pivotal role in strengthening Bangladesh's foreign exchange reserves and providing critical support to the country's macroeconomic stability.