22 Apr '11, 11am

Money - Malaysian central bank reserves at $151b: KUALA LUMPUR - MALAYSIA'S central bank said on Friday its inte...

Money - Malaysian central bank reserves at $151b: KUALA LUMPUR - MALAYSIA'S central bank said on Friday its inte...

Zeti Akhtar Aziz, governor of Bank Negara Malaysia, attends the Invest Malaysia 2011 conference in Kuala Lumpur, Malaysia, on Tuesday, April 12, 2011. -- PHOTO: BLOOMBERG KUALA LUMPUR - MALAYSIA'S central bank said on Friday its international reserves stood at US$122.2 billion (S$151 billion) as of last month, sufficient to finance nearly 10 months of imports. Bank Negara Malaysia said in a statement its reserves, which totalled 369.9 billion ringgit (S$151 billion) as of April 15, were also 4.7 times its short-term external debt. The central bank said on Wednesday that its chief, Zeti Akhtar Aziz, who played a key role in steering the Southeast Asian state through the global recession, had been reappointed for a new five-year term starting on May 1. -- AFP

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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