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NewsHighlight Bank Negara reserves up at US$96.1b on March 15
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Highlight Bank Negara reserves up at US$96.1b on March 15
by Cals Wed 23 Mar 2016, 05:41
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[size=28]Bank Negara reserves up at US$96.1b on March 15
By theedgemarkets.com / theedgemarkets.com | March 22, 2016 : 6:00 PM MYTKUALA LUMPUR (March 22): The international reserves of Bank Negara Malaysia rose a marginal 0.5% to US$96.1 billion (RM412.3 billion) as at March 15, from US$95.6 billion (RM410.5 billion) as at Feb 29.
In a statement today, the central bank said the reserves position is sufficient to finance 8.4 months of retained imports and is 1.2 times the short-term external debt.
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