Malaysia’s official reserve assets at US$102.03bil

Similarly, RHB Research Institute said it expected the central bank to maintain the OPR at 3.25% as this would maintain the stability of the ringgit versus the US dollar against the backdrop of ongoing monetary tightening by the US Federal Reserve and the greenback

KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$102.03bil as at end-November 2018, while other foreign currency assets stood at US$51.6mil for the same period, Bank Negara said.

In a statement, the central bank said overall, the detailed breakdown of international reserves under the IMF Special Data Dissemination Standard format indicates that as at end-November 2018, Malaysia’s reserves remain usable.