Remittance inflow shows strength in the first half of November, $1.52 billion received

The report states that between November 1 and 15, a total of $1.5227 billion in remittances entered the country. Of this, $349.9 million came through state-owned banks, and $168.8 million through specialized banks.

Private banks again led in remittance collection, receiving $1.009 billion, while foreign banks received $2.8 million.

According to Bangladesh Bank, remittance flows were relatively stable on different days of the month:

• November 9–15: $768.4 million

• November 2–8: $711 million

• November 1 alone: $43.1 million

Continuous improvement in remittance inflows has been observed over recent months:

• October: $2.5634 billion

• September: $2.6858 billion

• August: $2.4218 billion

• July: $2.478 billion

Bangladesh Bank stated that incentives, simplified banking facilities, and an increase in the number of overseas workers are contributing to positive growth in remittances.

In the previous fiscal year 2024–25, a record was set for the highest remittance inflow, totaling $30.32 billion, marking a milestone for Bangladesh’s economy. Experts suggest that stable exchange rates and the ease of sending money through official channels could further increase remittance inflows in the coming months.