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International Reserves At US$101.9 Bln As Of Nov 30, 2017
Last update: 07/12/2017

KUALA LUMPUR, Dec 7 (Bernama) --†Bank Negara Malaysia's (BNM) international reserves amounted†to US$101.9 billion (RM430.4 billion), as at Nov 30, 2017†compared with US$101.5 billion (RM429†billion) recorded on†Nov†15, 2017.

In a statement today, the central bank said†the reserves position was†sufficient to finance 7.5 months of retained imports and was†1.1 times the short-term external debt.

It said the main components of the international reserves were foreign currency reserves (US$95.4 billion), International Monetary Fund reserves position (US$0.8 billion), Special Drawing Rights (SDRs) (US$1.2 billion), gold (US$1.5 billion) and other reserve assets (US$3.0 billion).

The assets included gold and foreign exchange and other reserves, including SDRs (RM430.385 billion), Malaysian government papers (RM4.09 billion), deposits with financial institutions (RM7.878 billion), loans and advances (RM7.666 billion), land and buildings (RM2.113 billion) and other assets (RM8.788 billion), it said.



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US 3.9740/9780
S'pore 2.9562/9596
100 Yen 3.5753/5799
Sterling 5.3391/3448
Euro 4.6698/6749
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
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