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MALAYSIA'S INT'L RESERVES REACH US$53.9 BLN AT END OF MAY.

AsiaPulse News

| July 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

KUALA LUMPUR, July 1 Asia Pulse - Malaysia's total international reserves as at the end of May 2004 amounted to US$53,924.2 million, comprising official reserve assets of US$53,298 million and other foreign currency assets of US$626.2 million, Bank Negara Malaysia (BNM) said.

In a statement, the central bank said that for the next 12 months, it is projected that there will be a predetermined short-term net inflow of foreign currency loans, securities and deposits of US$986 million.

The projection does not include potential inflows from trade, foreign direct ...

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Source: HighBeam Research, MALAYSIA'S INT'L RESERVES REACH US$53.9 BLN AT END OF MAY.

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