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NewsBank Negara foreign reserves edge down to US$134.8b
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Bank Negara foreign reserves edge down to US$134.8b
by hlk Wed 07 Dec 2011, 17:54
KUALA LUMPUR (Dec 7): Bank Negara Malaysia’s international reserves as at Nov 30 slipped to US$134.8 billion (RM429.1 billion) from US$135 billion as Nov 15.
In a statement Wednesday, the central bank said the position is sufficient to finance 9.8 months of retained imports and is 4.1 times the short-term external debt.
In a statement Wednesday, the central bank said the position is sufficient to finance 9.8 months of retained imports and is 4.1 times the short-term external debt.
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