Bank Negara international reserves hold steady


PETALING JAYA: Bank Negara’s international reserves held steady at US$101.5bil (RM429bil) as at Nov 15, supported by steady trade flows.

In a statement, the central bank revealed that its international reserves position was unchanged from the amount recorded on Oct 31. “The reserves position is sufficient to finance 7.5 months of retained imports and is 1.1 times the short-term external debt,” Bank Negara said in the statement.

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Business , Bank Negara , reserves , imports , economy ,

   

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