PETALING JAYA: Bank Negara recorded a slight increase in foreign reserves last year on translation gains following the drop in the ringgit’s value.
In a year which saw the ringgit weakened across the board, the central bank said reserves rose to RM409.1bil as of end-2015 compared with RM405.4bil in the previous year but fell in US dollar terms to US$95.3bil from US$115.9bil.
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