Bangladesh Bank’s reserves have decreased again after the payment of the Asian Clearing Union (ACU) bill. On Sunday (November 9), $1.61 billion was paid from the reserves for the ACU bill. After that, the total reserves have decreased by $31.14 billion.

According to the International Monetary Fund’s BPM 6 accounting system, the reserves have decreased to $26.43 billion. According to the central bank, these bills are mainly issued in September to October to pay for goods received as part of import transactions with various countries. Such bills are paid every two months for transactions between ACU member countries.

Last month, the reserves exceeded $32 billion. Although they fell to $31 billion after the payment of $1.61 billion in ACU, the central bank says the reserves have remained stable due to good recent remittance and export flows.

Basically, ACU is an inter-regional transaction settlement system between several central banks in Asia. Through it, the value of imports and exports between 9 Asian countries is settled every two months. Bangladesh’s import and export transactions with other countries are completed instantly. The member countries of ACU are Bangladesh, India, Iran, Nepal, Pakistan, Sri Lanka, Myanmar, Bhutan and Maldives.