Bank Negara's international reserves stabilise at US$95.6b as at Feb 29
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Bank Negara's international reserves stabilise at US$95.6b as at Feb 29
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[size=28]Bank Negara's international reserves stabilise at US$95.6b as at Feb 29
By theedgemarkets.com / theedgemarkets.com | March 7, 2016 : 6:00 PM MYTKUALA LUMPUR (March 7): The international reserves of Bank Negara Malaysia (BNM) remained stable at US$95.6 billion (RM410.5 billion) as at Feb 29 compared with US$95.6 billion (RM410.2 billion) as at Feb 15.
In a statement today, BNM said the reserves position is sufficient to finance 8.3 months of retained imports and is 1.2 times the short-term external debt.
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