Some $1.25 billion in remittances has been received during the first 16 days of November. At an exchange rate of Tk 120 per dollar, this amounts to approximately Tk 15,062 crore in Bangladeshi currency. Bangladesh Bank (BB) released a report on this matter on Sunday.
According to the central bank data, the daily remittance inflow reached over $78.44 million as of November 16, totalling Tk 15,062 crore. This compares to $79.8 million last month and $64.3 million in November of the previous year.
This indicates an increase in remittance inflows compared to the same period last year, though a slight decrease compared to October.
Of the total remittance received, $420.7 million came through state-owned banks, $81.46 million through specialised banks, and $3.22 million through foreign banks.
Additionally, $750 million came through private commercial banks, while $3.2 million was sent through foreign commercial banks.
Among the banks operating in the country, Islami Bank received the highest remittance — $203.26 million — as a single bank during this period.
Janata Bank ranked second, receiving $128.17 million, while BRAC Bank came third with $121.53 million.
In the current fiscal year 2024-25, expatriates sent $1.91 billion in July, $2.22 billion in August, and $2.39 billion in September.
In October, expatriate Bangladeshis sent home $2.39 billion through legal channels, amounting to approximately Tk 28,740 crore, according to the BB data.
Bd-pratidin English/ Fariha Nowshin Chinika
