Friday, April 19

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$109.7 billion as at Nov 30, 2022, sufficient to finance 5.3 months of imports of goods and services.In a statement on Dec 7, the central bank said the reserves position is 1.0 times the total short-term external debt.It said the main components of the international reserves were foreign currency reserves (US$98.2 billion…
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