Economic Research | 8 January 2018 | |||
Malaysia | ||||
Economic Update | ||||
Higher Forex Reserves Amid Wider Current Account Surplus Malaysia’s forex reserves rose by USD0.5bn to USD102.4bn as at 29 Dec, from USD101.9bn at end-November. In MYR terms, forex reserves dropped MYR15.8bn to MYR414.6bn, from MYR430.4bn as at end-November. It remains adequate by international standards. At the current level, Malaysia’s forex reserves are sufficient to finance 7.2 months of retained imports and cover 1.1x the short-term external debt of the nation. Economists: Vincent Loo Yeong Hong | +603 9280 2172 Aris Nazman Maslan | +603 9280 2184 | ||||
To access our recent reports please click on the links below: 08 Jan : November Export Growth Healthy Albeit Slow 04 Jan : US Tax Bill Positive For Malaysia In 2018 02 Jan: M3 Grows Steadily In November, Loans Slow Further 21 Dec: Inflation Moderates Further In November 14 Dec: Strong Headline GDP But Weak Ground Sentiment | ||||
Economics Team | ||||
Arup Raha | Group Chief Economist | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economist | +603 9280 2163 | ||
Vincent Loo Yeong Hong | Malaysia, Vietnam, | +603 9280 2172 | ||
Ng Kee Chou | Singapore, Thailand | +603 9280 2179 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
This message is intended only for the use of the person(s) to whom it is addressed and may contain information that is privileged or otherwise protected from disclosure. If you are not the intended recipient you are hereby notified that any use, review, disclosure or copying of this message and the information it contains is prohibited. If you receive the message in error, please notify the sender by reply e-mail and discard all its contents.
Thank You. |
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.