BNM’s international reserves remain unchanged at US$95b

UALA LUMPUR, Feb 22 ― Bank Negara Malaysia’s international reserves remained unchanged at US$95 billion (equivalent to RM426.2 billion) as at February 15, 2017 when compared with January 31, 2017.

The reserves position is sufficient to finance 8.4 months of retained imports and is 1.1 times the short-term external debt, it said in a statement.

Short-term external debt includes short-term offshore borrowing, non-resident holdings of short-term ringgit debt securities, non-resident deposits with the banking system and other short-term debt. ― Bernama

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