Bangladesh's import payments through ACU reached $1.35bn in Jan-Feb 2024, impacting its forex reserves, which may fall below $21bn.

Bangladesh's import payments through the Asian Clearing Union (ACU) hit $1.35bn in Jan-Feb 2024, the highest since July-August 2022, putting pressure on its forex reserve, which is likely to fall below $21bn after the payment. Despite a current account surplus of $3bn and stable dollar prices, Bangladesh's financial account deficit widened to $7.3bn due to negative foreign direct investments and short-term foreign loan inflows, affecting forex reserves.

March 10, 2024
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