Malaysia's external reserves nearly $137bn
Kuala Lumpur - KUNA
International reserves of the Central Bank of Malaysia has amounted to approximately USD 137.9 billion on August 15, the bank said in a statement released on Friday. The funds are sufficient to finance delayed imports for nine months and a half and paying short-term debts by 3.8 fold. Malaysia has a newly industrialised market economy, which is relatively open and state-oriented. In 2012, the economy of Malaysia was the third largest in South East Asia behind more populous Indonesia and Thailand and 29th largest economy in the world by purchasing power parity with gross domestic product stands at USD 492.4 billion and per capita USD 16,922.
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