News update
  • OIC Condemns Ecuador’s Opening of a Diplomatic Office in Al-Quds     |     
  • No escape, death follows families in Gaza wherever they go     |     
  • Armed forces' magistracy powers extended by 60 days     |     
  • Hamid's departure: Body formed, Kishoreganj SP withdrawn     |     
  • The Taliban Took Everything – Even My Hope     |     
  1. Home
  2. Banking
  3. Forex reserves slide to $20B after clearing ACU bill

Forex reserves slide to $20B after clearing ACU bill

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

images20-85f9268fc0d4582c7ca6d87b9e2687221736444117.jpg




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.