corporate

Bank Negara's reserves rise to US$114.1bil

KUALA LUMPUR: Bank Negara Malaysia's international reserves rose 0.4 per cent as at June 14 from two weeks prior. 

The central bank said its international reserves amounted to US$114.1 billion compared to US$113.6 billion at end-May. 

The reserves position is sufficient to finance 5.5 months of imports of goods and services, and is 1.0 times of the total short-term external debt.

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