Home Business BNM’s international reserves dips 0.4% as at March 13

BNM’s international reserves dips 0.4% as at March 13

BNM’s international reserves dips 0.4% as at March 13 1

PETALING JAYA: Bank Negara Malaysia’s international reserves stood at US$ 103 billion (RM451.5 billion) as at March 13, 2020, 0.4% lower than the US$ 103.4 billion recorded as at Feb 28, 2020.

The central bank said the reserves position is sufficient to finance 7.3 months of retained imports and is 1.1 times total short-term external debt.

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