KUALA LUMPUR: Bank Negara's international reserves increased to RM285.8bil (US$75.2bil) as at 15 July, the central bank announced Friday.
The reserves are adequate to finance more than eight months of retained imports and is about seven times the short-term external debt, Bank Negara said.
- the star
compared to China's 200b reserve. Ours seem a bit fragile
China's foreign-exchange reserve added as much as $206.7 billion last year alone. Guo said the overall inflow of capital is "normal and legal" and reflects the "market scenario",.
- asia time
related posts
blog concerns
July 23, 2005
0
Comments