Remittances Exceed BDT 35,600 Crore in October

In the recently concluded October, expatriate Bangladeshis sent home remittances amounting to USD 287.40 million. In Bangladeshi currency, at an exchange rate of BDT 124.11 per dollar, this amount stands at approximately BDT 35,669 crore. Compared to the same month last year, expatriate earnings in October this year increased by 12.1 percent.

Bangladesh Sangbad Sangstha (BSS) reported this information on Sunday (November 1), citing updated data from the Bangladesh Bank.

According to Bangladesh Bank data, remittances to the country in October of the previous year (October 2022) were USD 256.40 million. This October (October 2023), it increased to USD 287.40 million. This means expatriate earnings in a single month increased by approximately USD 31 million year-on-year.