Thursday, December 22, 2011

Bank Negara international reserves up US$200m to US$135b

Larger Smaller Reset KUALA LUMPUR (Dec 22): The international reserves of Bank Negara Malaysia rose to US$135 billion (RM429.8 billion) as at Dec 15 this year from US$134.8 billion as at Nov 30.

In a statement Dec 22, Bank Negara said the reserves position was sufficient to finance 9.8 months of retained imports and is 4.1 times the short-term external debt.

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