Malaysia's official reserve assets at US$114.66bil at end-July 2024

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KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$114.66 billion (US$1=RM4.31)  while other foreign currency assets stood at US$1.17 billion as at end-July 2024, according to Bank Negara Malaysia (BNM).

Malaysia's official reserve assets at US$114.

The net short forward positions stood at US$29.29 billion as at end-July 2024, reflecting the management of ringgit liquidity in the money market.

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Category: EconomyBusiness

Markets: Malaysia

Topics: /Business/Business News Reserve assets Banking BNM Bank Negara Malaysia International reserves SDDS

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 14:17:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22304745

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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