Reserves up slightly to US$103.7bil


The proposed policy, it said, set out the legal obligations, requirements and standards that digital currency exchangers, which will be defined under the First Schedule of the AMLA, must carry out as reporting institutions.

KUALA LUMPUR: Bank Negara’s international reserves increased slightly to US$103.7bil as at Jan 30, 2018, up from US$103bil as at Jan 15, 2018.

It said the reserves position were sufficient to finance 7.2 months of retained imports and were 1.1 times the short-term external debt.

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Business , BNM , reserves , increase

   

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