Bank Negara reserves at RM392.49b

THURSDAY, NOVEMBER 3 KUALA LUMPUR- Bank Negara Malaysia Governor Muhammad Ibrahim to officiate the Launch of Ombudsman Scheme at 1500 (0700 GMT) KUALA LUMPUR- Second Finance Minister Johari Abdul Ghani to deliver keynote address at SCxSC Digital Finance Conference 2016 at 0900 (0100 GMT) PUTRAJAYA- Deputy Prime Minister Ahmad Zahid Hamidi attends Home Ministry Innovation Day and monthly gathering at 0845 (0045 GMT) KUALA LUMPUR- Communications and Multimedia Minister Salleh Said Keruak launches Kuala Lumpur International Youth Discourse 2016 at 1030 (0230 GMT)

PETALING JAYA: Bank Negara’s international reserves rose RM570mil or US$200mil to RM392.49b or US$97.7b at Sept 15 from two weeks ago.

The central bank in a statement said that the reserves position was sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt.

The latest reserves showed an improvement from Aug 30 when the foreign reserves were RM391.92bil or US$97.5bil, the central bank said in the statement.