CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / World Business

Malaysia's international reserves of $95bln

Published: 07 Mar 2017 - 03:10 pm | Last Updated: 11 Nov 2021 - 04:26 am
Peninsula

QNA

Kuala Lumpur: Bank Negara Malaysia's (BNM) international reserves were nearly unchanged at US$95 billion or RM426.3bil as at Feb 28.

The central bank said on Tuesday the reserves position was sufficient to finance 8.5 months of retained imports and is 1.1 times the short-term external debt.

The international reserves were nearly unchanged when compared with the US$95billion or US$426.2bil as at Feb 15.

The reserves position then was enough to finance 8.4 months of retained imports and was 1.1 times the short-term external debt.