Foreign exchange reserve drops to $42b

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Business Desk :
Bangladesh’s foreign exchange reserve dropped to $42 billion on Tuesday, after making a routine payment of $2.3 billion to the Asian Clearing Union (ACU) against the imports of the March-April of 2022.
A high official of the Bangladesh Bank (BB) confirmed the matter to The Business Post.
The reserve amount was $44.08 billion as of April 30, according to the central bank data.
However, the reserve continued to decline as the economy recovered after the pandemic situation eased and import payment increased.

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