Despite paying $1.883 billion to the Asian Clearing Union for March-April imports, Bangladesh’s actual foreign reserves remain above $20 billion, according to the central bank. Gross reserves stood at $22.06 billion at the start of the day but dropped to $20.18 billion by day’s end. Total gross reserves, by central bank calculation, exceed $25 billion. Notably, reserves peaked at $48.06 billion in August 2022 before plummeting due to capital flight allegedly enabled by the ruling regime.