CEO Morning Brief

BNM: Malaysia’s International Reserves Up 0.4% to US$114.1b as of June 14

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Publish date: Tue, 25 Jun 2024, 10:56 AM
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TheEdge CEO Morning Brief

KUALA LUMPUR (June 24): Malaysia’s international reserves continued to swell and had risen 0.4% by June 14 from a fortnight earlier, the central bank said on Monday.

Latest foreign exchange reserves totalled US$114.1 billion, compared with US$113.6 billion at the end of May, Bank Negara Malaysia (BNM) said in a statement.

The position is sufficient to finance 5.5 months of imports of goods and services, and is one time the total short-term external debt, it added.

BNM releases data on foreign exchange reserves every two weeks.

Source: TheEdge - 25 Jun 2024

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