Although the OPR was maintained at 3%, the central bank said policymakers may consider reviewing the current degree of monetary accommodation, given the strength of the global and domestic macroeconomic conditions.
KUALA LUMPUR: Bank Negara Malaysia’s international reserves amounted to US$101.5bil (RM429bil) as at Nov 15, unchanged from the amount recorded on Oct 31.
"The reserves position is sufficient to finance 7.5 months of retained imports and is 1.1 times the short-term external debt," BNM said in statement.
The main components of the international reserves were foreign currency reserves (US$95bil), International Monetary Fund reserves position (US$800mil), Special Drawing Rights (SDRs) (US$1.2bil), gold (US$1.5bil) and other reserve assets (US$3bil).
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