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Friday, July 6, 2007

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International Reserves of BNM as at 29 June 2007The international reserves of Bank Negara Malaysia amounted to RM339.8 billion (equivalent to USD98.4 billion) as at 29 June 2007.

The reserves level as at 29 June 2007 has taken into account the quarterly revaluation gain, following the strengthening of the major currencies against ringgit during the second quarter. The reserves position is sufficient to finance 8.9 months of retained imports and is 8.7 times the short-term external debt.

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