FRIDAY, JULY 7 KUALA LUMPUR- Release of May 2017 External Trade Statistics at 1200 (0400 GMT) KUALA LUMPUR- Release of Bank Negara's foreign reserves as at 30 June 2017 at 1500 (0700 GMT)
PETALING JAYA: Bank Negara’s international reserves have risen for the eighth consecutive time since March, with the reserves rising another US$300mil to US$99.40bil (RM427bil) as at July 31 compared to July 14.
The central bank said in a statement that “the reserves position is sufficient to finance 7.9 months of retained imports and is 1.1 times the short-term external debt”.
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