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Friday, October 12, 2007

international reserve


International Reserves of BNM as at 28 September 2007
The international reserves of Bank Negara Malaysia amounted to= RM335.4 billion (equivalent to USD98.2 billion)
The reserves level as at 28 September 2007 has taken into account the quarterly revaluation gain, following the strengthening of the major currencies against ringgit during the third quarter.
The reserves position is sufficient to finance: 8.8 months of retained imports and is 7.1 times the short-term external debt.

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