Home Business BNM int’l reserves dip to US$103.4b

BNM int’l reserves dip to US$103.4b

BNM int’l reserves dip to US$103.4b 1

PETALING JAYA: Bank Negara Malaysia’s international reserves dipped slightly to US$ 103.4 billion as at Feb 28, from US$ 104.3 billion as at Feb 14.

“The reserves position is sufficient to finance 7.4 months of retained imports and is 1.1 times total short-term external debt,” the central bank said in a statement.

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