Friday, April 22, 2011

Bank Negara foreign reserves up US$8.4b to US$122.2b at April 15

KUALA LUMPUR: Bank Negara Malaysia international reserves jumped US$8.4 billion to US$122.2 billion (RM369.9 billion) as at April 15 from US$113.8 billion as at March 31.

In a statement Friday, April 22, Bank Negara said the reserves position was sufficient to finance 9.8 months of retained imports and is 4.7 times the short-term external debt.

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