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Friday, August 21, 2015

Bank Negara’s international reserves dip further to US$94.5 billion

Bank Negara Malaysia’s international reserves fall further to RM356.4 billion (US$94.5 billion). – The Malaysian Insider file pic, August 21, 2015.Bank Negara Malaysia’s international reserves fall further to RM356.4 billion (US$94.5 billion). – The Malaysian Insider file pic, August 21, 2015.
The international reserves of Bank Negara Malaysia (BNM) fell further to RM356.4 billion (US$94.5 billion) as at August 14, 2015 from RM364.7 billion (US$96.7 billion) as at July 31, 2015.
The central bank's foreign exchange reserves dropped below US$100 billion last month for the first time since 2010.
The reserves position is sufficient to finance 7.5 months of retained imports and is 1.0 time the short-term external debt. – The Edge Markets

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