Bank Negara: External debt remains manageable


At 9.03 am(0103gmt), the local unit's onshore trading was at 4.3380/3500 against the greenback from 4.3340/3390 on Tuesday.

PETALING JAYA: The weaker ringgit contributed to the higher cost of foreign debts.

Malaysia’s total external debt rose 9% to RM908.7bil in 2016, Bank Negara said, which is equal to 73.9% of the country’s gross domestic product (GDP).

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