Malaysian BNM international reserve at RM116.5 bln

MALAYSIA - Bank Negara's international reserves stood at RM116.5 billion as at 30 November, an increase of RM24 million from the level two weeks earlier, with trade and investment-related inflows maintaining their rising trend.

In a statement on 6 December, the central bank said the sustained inflows were more than adequate to finance the seasonally higher remittances by residents for year-end repatriation of profits and dividends as well as higher debt repayments.

"The improved sentiment in th

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