Tuesday, June 7, 2011

Bank Negara reserves up US$100m as at May 31

KUALA LUMPUR: Bank Negara Malaysia's international reserves rose US$100 million to US$132.7 billion (RM401.4 billion) as at May 31 this year from US$132.6 billion (RM401 billion) as at May 13.

In a statement Tuesday, June 7, Bank Negara said the reserves position was sufficient to finance 9.3 months of retained imports and is 4.4 times the short-term external debt.

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