Bangladesh’s Forex Reserves Drop Below $20 Billion After ACU Payment
Bangladesh’s foreign exchange reserves fell below $20 billion today, down from $21.39 billion, after the country paid $1.75 billion in regional import bills through the Asian Clearing Union (ACU). The ACU, a payment settlement system for nine member countries, requires Bangladesh to clear import bills every two months. This recurring payment cycle temporarily reduces the […]
Read more

