As per Bangladesh Bank data, between June 1-20, $1.53 billion had entered the country as remittance. In the 2022-23 fiscal year, the Bangladesh Bank sold $13.43 billion from the reserves. The sales are usually used to fund government LC payments and procure essential goods. After the government paid $1.1 billion in import bills to the Asian Clearing Union, or ACU, for March and April, the reserves fell to $29.7 billion on May 8. Bangladesh Bank data from May 25 shows that the reserve fell again to $29.96 billion.

Source: Dhaka Tribune June 21, 2023 20:41 UTC