Remittance $602 million in first 5 days of August

According to the latest updated data from Bangladesh Bank, total remittances from July 1 to August 5 amounted to $3.461 billion. During the same period last fiscal year, the amount was $2.806 billion.

According to central bank data, remittance inflows grew by 23.3 percent in the one-year period until August 5 of the current fiscal year.

Bangladesh Bank said that as expatriates continue to send income through legal banking channels, the country's foreign exchange flow is further strengthening. This is playing a positive role in increasing foreign exchange reserves and maintaining macroeconomic stability.