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Thursday, February 10, 2011

International Reserves of BNM

Date MYR (billion) USD (billion)
14-Jan-11 329.9 106.9
31-Jan-11 333.5 108.1

Source.

Looks like money continues to flow into the country. The strengthening of the Ringgit is good news for the importers but bad news for the exporters. This also benefits those company with large foreign borrowing.

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