Dhaka, Aug. 17 -- Expatriates sent US$1.26 billion in remittances to Bangladesh in the first 16 days of August, according to the latest data from Bangladesh Bank.

With this, the total remittance inflows in the current fiscal year 2025-26 (from July to August 16) have reached $3.74 billion.

The steady inflow of remittances has boosted the country's gross foreign exchange reserves, which climbed to $30.81 billion on Sunday, up from $25.81 billion, as measured under the IMF's BPM6 standard.

During the same period last year, remittances stood at $1.11 billion, marking a year-on-year rise of $152 million or 13.7 percent growth compared to the first 16 days of FY2024-25.

In July alone, the first month of FY2025-26, remittances hit a record ...