Malaysia's foreign reserves swell to largest in nearly a decade
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As of September 13, 2024, Malaysia's foreign reserves reached US$117.6 billion, the highest since December 15, 2014; this is an increase from US$116.8 billion at the end of August; reserves can finance 5.5 months of imports and equal one times the total short-term external debt; foreign currency reserves rose to US$105.4 billion; IMF reserves decreased to US$1.2 billion; special drawing rights remained at US$5.7 billion; gold reserves at US$2.9 billion; other reserve assets at US$2.4 billion; total assets of Bank Negara Malaysia stood at RM653.59 billion.
#Malaysia #ForeignReserves #BankNegaraMalaysia #Economy #Finance #Imports #Imf #Gold #Assets #Investment
https://theedgemalaysia.com/node/727605
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