BNM reserves at RM392.4b

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KUALA LUMPUR (May 11): The international reserves of Bank Negara Malaysia amounted to RM392.4 billion (equivalent to US$105.8 billion) as at April 30, 2015, higher than the RM389.7 billion recorded as at 31 March 2015.

The reserves position is sufficient to finance eight months of retained imports and is 1.1 times the short-term external debt.