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Malaysia's forex reserves rise again after months of decline

BNM says currency reserves rose to US$95.3 billion as at Sept 15, from US$94.7 billion on Aug 28, and are 1.1 times the short-term external debt.

Kuala Lumpur

MALAYSIA'S international reserves rose in the first two weeks of September in a welcome boost to the country's weakened external position, indicating the central bank may have eased off slightly from defending an embattled ringgit currency.

Currency reserves increased