Bank Negara Malaysia’s (BNM) international reserves rose RM1.3bil to RM357.7bil (US$94.7b) at Aug 28 from two weeks ago.
“The reserves position is sufficient to finance 7.4 months of retained imports and is 1.0 time the short-term external debt,” the central bank said on Friday.
The reserves increased from the RM356.4bil (US$94.5b) on Aug 14. The reserves position was sufficient to finance 7.5 months of retained imports and it was 1.0 time the short-term external debt.
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“The reserves position is sufficient to finance 7.4 months of retained imports and is 1.0 time the short-term external debt,” the central bank said on Friday.
The reserves increased from the RM356.4bil (US$94.5b) on Aug 14. The reserves position was sufficient to finance 7.5 months of retained imports and it was 1.0 time the short-term external debt.
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