KUALA LUMPUR, March 8– Bank Negara Malaysia (BNM) reported that its international reserves amounted to USD118.3 billion as of 28 February 2025, reflecting the central bank’s solid position in managing the country’s external obligations.
The current reserves are sufficient to finance 5.0 months of imports of goods and services and represent 0.9 times the total short-term external debt. BNM emphasized that the short-term external debt is largely driven by resident banks’ foreign currency liquidity operations and multinational corporations’ borrowing from overseas headquarters, which can be met through external asset holdings without posing significant claims on the central bank’s reserves.
The latest reserve position underscores Malaysia’s robust financial stability amid global economic uncertainties.
Read More News on Business News Malaysia
Read More News on Business News Malaysia
MGB Bhd secures a RM44.7m contract in Saudi Arabia for villa development, enhancing its regional…
The FBM KLCI retreated as rising oil prices, renewed geopolitical tensions and concerns over AI…
Bukit Mertajam MP Steven Sim calls for investigation into human trafficking following a police raid,…
Bursa Malaysia fined CFM and its eight directors RM2 million for listing breaches, underscoring stricter…
Lembaga Tabung Haji has improved its financial position through recovery efforts, enhancing asset quality and…
Schroders Capital's Q3 2026 outlook highlights private markets' resilience and the need for selective, deliberate…
This website uses cookies.