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LONDON: Oil major BP cut its global natural gas reserves estimate for the first time in decades, revising Russia's still classified holdings down sharply and putting Iran at the top of the world league table.
TECHNOCRATS in emerging market countries have typically viewed foreign exchange reserves as money in the bank, the more, the better. Over the past three decades, a shift to flexible exchange rate regimes and an ability to borrow in domestic currency eased pressure on industrial countries to accumulate reserves.
LONDON: As crude prices recover, oil majors face a dilemma – how quickly should they seek to replenish reserves?
BEIJING: China’s foreign exchange reserves unexpectedly rose in June, bolstered by an increase in the value of its US Treasury holdings in an otherwise volatile month for Chinese markets, which were battered by fears about a Sino-US trade war.
PETALING JAYA: Bank Negara saw its international reserves climb past the important US$100bil level, rising to US$100.40bil as at Aug 15.
KUALA LUMPUR: CIMB Economics Research said the continued portfolio rebalancing by foreign investors in the run up to the Fed tapering squeezed US$800mil out of Malaysia’s foreign reserves stock in November to end the month at US$136.3bil.
PETALING JAYA: Bank Negara’s international reserves held steady at US$101.5bil (RM429bil) as at Nov 15, supported by steady trade flows.
PETALING JAYA: After a decline in the latest foreign reserve figures for November, Malaysia’s foreign reserves are expected to come under pressure this month and in the first quarter of next year due to potential risk of portfolio capital outfl
KUALA LUMPUR: Bank Negara’s international reserves amounted to RM391.9bil (equivalent to US$97.5bil) as of Aug 30, the same amount of international reserves at Aug 15.
KUALA LUMPUR: Bank Negara’s international reserves declined by US$600mil to US$101.4bil as at Dec 14, 2018 compared with two weeks earlier.