International reserve level still strong, says BNM

Bank Negara Malaysia said its international reserves have declined by only RM1.8 billion since end-1999.

In a statement providing information on details of changes in its reserves this year, the central bank said the reserve level has not deteriorated significantly.

As at end-November 2000, Bank Negara has further strengthened its reserves position when its international services increased by RM300 million to RM115.4 billion on November 15 from RM115.1 billion on November 1. The reserve posit

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