June 21, 2018 / 7:05 AM / 4 months ago

Malaysia's cenbank reserves drop to $104.7 bln as of June 29

KUALA LUMPUR, July 6 (Reuters) - Malaysia’s gross international reserves dropped to $104.7 billion as of June 29, down from $107.9 billion as of June 14, the central bank said on Friday.

The reserves were sufficient to finance 7.5 months of retained imports, and were 1.1 times the short-term external debt, said Bank Negara Malaysia.

1 Malaysian ringgit = $0.2479 Reporting by Rozanna Latif; Editing by Sunil Nair

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