Malaysian central bank's reserves at US$32.5 bn

MALAYSIA - Bank Negara Malaysia (BNM) said its international reserves stood at RM123.5 billion (US$32.5 billion) as at April 15 2002, which is sufficient to finance 5.5 months of retained imports.

The reserves as at March 30, 2002 was RM124.4 billion (US$32.7 billion).

The central bank said in a statement that sustained repatriation of export earnings and net inflow of portfolio funds in the first half of April partially offset the outflows which mainly reflected repayments of private sector ex