Dhaka, July 3 -- Bangladesh is set to make its highest Asian Clearing Union (ACU) import payment in three years, with around US$2.02 billion due for imports made during May and June.

Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank, told UNB that the ACU bills are scheduled to be cleared by July 8.

The record payment is expected to reduce the country's gross foreign exchange reserves to approximately $29.66 billion from the current $31.68 billion.

Arif Hossain said while such payments do not affect the Net International Reserves (NIR) which currently stand at $20.69 billion.

Net reserves are calculated after paying ACU and other external bills, he added.

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