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According to data from Bangladesh Bank, the country’s gross foreign exchange reserves have dropped to $25 billion after making payments to the Asian Clearing Union (ACU). Under the IMF’s BPM6 calculation standard, the reserves now stand at $19.7 billion. Previously, on March 6, the gross reserves were $27.6 billion, with BPM6 reserves at $21.4 billion. The ACU is a regional clearing mechanism that facilitates financial transactions among member countries, including Bangladesh, Bhutan, India, Iran, the Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka. The organization, headquartered in Tehran, settles trade payments every two months through member central banks.

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