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Forex reserves slide to $20B after clearing ACU bill

Greenwatch Desk Banking 2025-01-09, 11:28pm

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Bangladesh Bank's foreign exchange reserve has decreased to US $20 billion following the payment of the Asian Clearing Union (ACU) import bill.


The ACU bill for the last two months (November and December) was paid with $1.67 billion. After clearing the ACU bill, the country's total foreign exchange reserves stood at $24.9 billion, said central bank Spokesperson and executive Director Husne Ara Shikha on Thursday, reports UNB.

According to the International Monetary Fund (IMF) BPM-6 calculation standard, the reserves are now at $20 billion.