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BP cuts global gas reserves estimate, mostly for Russia

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.

International reserves, if it is too large, can be poisonous

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.

Oil majors’ reserves are shrinking

LONDON: As crude prices recover, oil majors face a dilemma – how quickly should they seek to replenish reserves?

China’s FX reserves post surprise gain, withstand June market chaos

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.

International reserves climb past US$100bil level

PETALING JAYA: Bank Negara saw its international reserves climb past the important US$100bil level, rising to US$100.40bil as at Aug 15.

CIMB Economics Research: Foreign reserves down US$800m in November

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.

Bank Negara international reserves hold steady

PETALING JAYA: Bank Negara’s international reserves held steady at US$101.5bil (RM429bil) as at Nov 15, supported by steady trade flows.

Foreign reserves to come under pressure

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

Bank Negara’s reserves at RM392bil

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.

International reserves decline to US$101.4bil

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.