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Bank Negara foreign reserves up 0.2% to US$98.9b as at June 30

Mimi Sabreena 4:42:00 PM Informasi

KUALA LUMPUR (July 7): Bank Negara Malaysia's (BNM) international reserves rose 0.2% to US$98.9 billion (RM424.8 billion) as at June 30 this year, from US$98.7 billion (RM436.1 billion) on June 15.

"In US dollar terms, the reserves continued to increase. However, in ringgit terms, it declined following stronger ringgit during the second quarter," said BNM in a statement today.

It has been two years since BNM’s international reserves fell below the US$100 billion mark. It touched a low of US$94.52 billion last December, before steadily climbing since.

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