After Bangladesh Bank settled import bills through the Asian Clearing Union totalling $1.29 billion, Bangladesh’s foreign currency reserve slipped below $20 billion.
Previously, foreign reserve was recorded at $19.94 billion on February 14.
The ACU facilitates payments for intra-regional transactions among eight countries, including Bangladesh.After Bangladesh Bank settled import bills through the Asian Clearing Union totalling $1.29 billion, Bangladesh’s foreign currency reserve slipped below $20 billion.
Previously, foreign reserve was recorded at $19.94 billion on February 14.
The ACU facilitates payments for intra-regional transactions among eight countries, including Bangladesh.
