Forex reserves fall to $20b after clearing ACU payment

After clearing the Asian Clearing Union (ACU) payment for the period of November-December, Bangladesh's foreign exchange reserves fell to $20 billion.

This is accounted as per the BPM-6 guidelines of the International Monetary Fund.

According to central bank official, the Bangladesh Bank cleared a total of $1.67 billion payment to ACU for the aforementioned period,

As per Bangladesh Bank's calculation method, the existing forex reserves stand at $24.9 billion.