BNM reserves at US$98.9b on June 30
07 Jul 2017 / 15:20 H.
PETALING JAYA: Bank Negara Malaysia's international reserves stood at US$98.9 billion (RM424.8 billion) as at June 30, 2017, which is 0.2% higher than the US$98.7 billion (RM436.1 billion) recorded as at June 15, 2017 in US dollar term.
However, in ringgit terms, it declined 2.6% following stronger ringgit during the second quarter.
The central bank said in a statement today that the reserves position is sufficient to finance 7.9 months of retained imports and is 1.1 times the short-term external debt.