business
Bank Negara’s international reserves stabilise at US$95.6 billion
Bank Negara Malaysia says the reserves position is sufficient to finance 8.3 months of retained imports and is 1.2 times the short-term external debt. – The Maalaysian Insider file pic, March 7, 2016.The international reserves of Bank Negara Malaysia (BNM) remained stable at US$95.6 billion (RM410.5 billion) as at February 29 compared with US$95.6 billion (RM410.2 billion) as at February 15.
In a statement today, BNM said the reserves position is sufficient to finance 8.3 months of retained imports and is 1.2 times the short-term external debt. – The Edge Markets, March 7, 2016.
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