KUALA LUMPUR: Bank Negara Malaysia's (BNM) international reserves continued to increase and the latest was US$100.5bil as at Aug 30, 2017 – which was the highest since July 2015.
BNM said on Wednesday the reserves had increased by US$100mil from the US$100.40bil on Aug 15.
“The reserves position is sufficient to finance 7.8 months of retained imports and is 1.1 times the short-term external debt,” it said.
In ringgit terms, the reserves had increased by RM700mil to RM431.70bil at Aug 30 from RM431.0bil two week earlier.
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