BNM’s international reserves at $ 101.7bln
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to $101.7 billion ($1 = RM4.34) as at March 31, 2020. “The reserves position is sufficient to finance 7.7 months of retained imports and is 1.1 times total short-term external debt,” the central bank said in a statement here today. The international reserves stood at $103 […]
Malaysia’s reserves at $103.396 bln as at end-Feb 2020
KUALA LUMPUR: Malaysia’s reserves remained usable as at end-Feb 2020, with official reserve assets at $103.396 billion, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format. In a statement today, Bank Negara Malaysia (BNM) said other foreign currency assets amounted to $33.8 million. “For the next 12 months, the pre-determined short-term outflows of foreign currency […]
