BM Desk : The nation’s foreign exchange reserves have dropped to $29,529.31 million, or $29.52 billion, following the payment of the Asian Clearing Union (ACU) import bill.
This was said on Tuesday, July 8, by Arif Hossain Khan, the executive director and spokesperson for Bangladesh Bank.

The central bank’s most recent calculations show that on Monday, July 7, $2,19.45 million, or roughly $2.01 billion, was paid in ACU notes.The nation’s gross reserves, or total reserves as of July 7, were $29,529.31 million following this payment.

However, these reserves currently total $24,458.93 million based on the International Monetary Fund’s (IMF) accounting system BPM-6.
Prior to this, the gross reserves stood at $31,717.76 million on July 2. The reserves on that day were $26,686.90 million, as determined by the IMF’s BPM-6 technique.

It should be noted that the IMF’s BPM-6 approach is used to determine net reserves or actual reserves. Using this method, short-term foreign liabilities are subtracted from overall reserves to determine net reserves.