KUALA LUMPUR: Bank Negara Malaysia's international reserves as at Nov 15 rose to US$105.8 billion (RM326.5 billion) from US$105.3 billion (RM324.9 billion) on Oct 29 during the period the FBM KUALA LUMPUR COMPOSITE INDEX [] closed at an all-time historic high of 1,529.01.
'The reserves position is sufficient to finance 8.8 months of retained imports and is 4.5 times the short-term external debt,' it said on Friday, Nov 19.
In terms of ringgit, the international reserves rose RM1.6 billion during the two-week period.
The market capitalisation of Bursa Malaysia increased from RM1.204 trillion on Oct 29 to RM1.209 trillion on Nov 15.
During the period, the KLCI surged to an intra-day high of 1,531.99 on Nov 9 and market capitalisation increased to RM1.228 trillion.
'The reserves position is sufficient to finance 8.8 months of retained imports and is 4.5 times the short-term external debt,' it said on Friday, Nov 19.
In terms of ringgit, the international reserves rose RM1.6 billion during the two-week period.
The market capitalisation of Bursa Malaysia increased from RM1.204 trillion on Oct 29 to RM1.209 trillion on Nov 15.
During the period, the KLCI surged to an intra-day high of 1,531.99 on Nov 9 and market capitalisation increased to RM1.228 trillion.
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