FW: RHB | Malaysia | Forex Reserves Rise Further In November On Trade Flows

 

 

Economic Research			8 December 2017
Malaysia
Economic Update
Forex Reserves Rise Further In November On Trade Flows   Malaysia’s forex reserves rose by USD0.4bn to USD101.9bn as at 30 Nov, from USD101.5bn at end-October. In MYR terms, Malaysia’s forex reserves gained MYR1.5bn to MYR430.4bn, from MYR429bn as at end-October. Forex reserves remain adequate by international standards. At the current level, Malaysia’s forex reserves are sufficient to finance 7.5 months of retained imports and cover 1.1x the short-term external debt of the nation.   Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist:  Aris Nazman Maslan  | +603 9280 2184
To access our recent reports please click on the links below:   7 Dec : Exports Remain Robust in Early 4Q17 4 Dec : M3 Edges Higher, Loan Growth Eased in October 24 Nov : Inflation Slows On Lower Fuel And Food Prices 20 Nov : Wider Current Account Surplus Expected In 2018 20 Nov : Economic Growth Strongest In Three Years
Economics Team
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam,	vincent.loo@rhgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

 

 

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