KUALA LUMPUR: The announcement on the quantitative easing (QE) by the US Federal Reserve is a reason for the fall in Bank Negara’s international reserves as of Jan 30, said Alliance Research .
Bank Negara yesterday announced that its international reserves fell to US$133.1bil on Jan 30, and was sufficient to finance 9.4 months of retained imports and was 3.6 times the short term external debt.
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