Bank Negara’s reserves fall

July 28, 2009 by: editor


Malaysia’s central bank, Bank Negara, says in a statement that its international reserves fell to RM321.7 billion (equivalent to US$91.2 billion) on July 15, from RM322.9 billion (US$91.5 billion) on June 30.The reserves position is sufficient to finance 8.8 months of retained imports and is 3.8 times the short-term external debt, it says in a statement


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Filed under: Economics

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