KUALA LUMPUR: Bank Negara Malaysia international reserves rose US$300 million from US$134.6 billion (RM407 billion) as at July 15 from USD134.3 billion (RM406.3 billion) as at June 30.
In a statement July 22, the central bank said the reserves position was sufficient to finance 9.7 months of retained imports and is 4.5 times the short-term external debt.
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In a statement July 22, the central bank said the reserves position was sufficient to finance 9.7 months of retained imports and is 4.5 times the short-term external debt.
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