Bank Negara’s reserves rise by US$400mil


MONDAY, MAY 7 KUALA LUMPUR- Release of Bank Negara's foreign reserves as at 30 April 2018 at 1500 (0700 GMT) KUALA LUMPUR- HSS Engineers Bhd post-Annual General Meeting (AGM) press conference, Pinnacle 1, Level M1, Connexion Conference & Event Centre @ The Vertical, No 8, Jalan Kerinchi, Bangsar South City, Kuala Lumpur at 1215 (0415 GMT)

PETALING JAYA: Bank Negara’s international reserves rose by US$400mil (RM1.675bil) to US$102.1bil on Nov 15 from US$101.7bil on Oct 31.

Bank Negara said in a statement that the reserves position was sufficient to finance 7.7 months of retained imports and was 1.0 times the short-term external debt.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

KPKT’s bold housing agenda and global ambitions
Drawback for furniture industry
Silver lining amid the gloom
Race for watts
Defensive stocks, gold lead the way
A chip bargaining
MSM expects sweet turnaround to last
Ringgit likely to trade in 4.26-4.29 range next week
Truce set to ignite property deals
Silent losses in real estate asset management

Others Also Read