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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
