BNM: Malaysia’s international reserves up 0.4% to US$113.3b as of May 15
23 May 2024, 03:06 pm
KUALA LUMPUR (May 23): Malaysia’s international reserves rose 0.4% as of May 15 this year from a fortnight earlier, the central bank said on Thursday.
Foreign exchange reserves totalled US$113.3 billion compared to US$112.8 billion at the end of April, Bank Negara Malaysia (BNM) said in a statement.
The position is sufficient to finance 5.4 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.
- Trump exempts phones, computers, chips from ‘reciprocal’ tariffs
- Trump's trade team chases 90 deals in 90 days. Experts say good luck with that
- US tariffs risk straining Malaysia-China ties, Anwar warns
- Cahya Mata Sarawak plans second clinker line to double cement output, says performance improving despite legal proceedings
- Penang diversifying exports to offset US tariff impact, says CM
- Aaron-Wooi Yik trounce defending champions, edge closer to first BAC title
- Amanah confident in helping to secure 5 voting districts in Ayer Kuning state by-election
- Russia's Lavrov praises Trump's understanding of Ukraine conflict
- Trump exempts phones, computers, chips from ‘reciprocal’ tariffs
- Fed’s deepest tariff fear is a price shock that won’t fade away
Print
Text Size
Share