Bank Negara's international reserves climb to US$122bil


KUALA LUMPUR: Bank Negara’s international reserves rose to US$122bil as at Aug 15, up from US$121.3bil as at July 31.

“The reserves position is sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times the total short-term external debt,” Bank Negara said in a statement.

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