International reserves go up to US$104.4bil

AmBank Research expects Bank Negara Malaysia

PETALING JAYA: Bank Negara’s international reserves have increased marginally by US$200mil to US$104.4bil as at Aug 30, as compared to US$104.2bil two weeks ago.

In a statement issued yesterday, the central bank pointed out that its current international reserves amount was sufficient to finance 7.5 months of retained imports and is equivalent to 0.9 times the short-term external debt.