Asian Clearing Union (ACU)

Asian Clearing Union (ACU)

Representational image. Photo: Reuters

Forex reserves fall to $29.38b after ACU payment

ACU payments are made every two months to settle import transactions among member countries under the regional clearing arrangement.

Govt to pay 3-year high ACU bill of $2b next week

Govt to pay 3-year high ACU bill of $2b next week

52nd ACU board of directors meeting held in Dhaka

52nd ACU board of directors meeting held in Dhaka

US dollar banknotes are seen in this illustration taken on 10 March 2023. Photo: Reuters

Cenbank unaware of US restriction on ACU, seeks info from RBI

$1.1b ACU payment due tomorrow, reserves to slip to $30b again

$1.1b ACU payment due tomorrow, reserves to slip to $30b again