Tuesday, November 22, 2011

Bank Negara foreign reserves up US$22m to US$135b

KUALA LUMPUR (Nov 22): Bank Negara Malaysia international reserves rose US$22 million to US$135 billion (RM429.7 billion) as at Nov 15 from US$134.78 billion as at Oct 31.

The central bank said on Tuesday the reserves position was sufficient to finance 9.9 months of retained imports and is 4.1 times the short-term external debt.

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