The central bank says the reserves position would be sufficient to finance 7.5 months of retained imports.
The central bank says the lower reserves largely reflects the portfolio outflows experienced in the region.
National reserves remain usable as at end-July 2018, in accordance with the IMF’s Special Data Dissemination Standard.
Governor says this couldn't be revealed earlier as the central bank was prohibited from doing so.
UPDATED 2.15PM | The former central bank governor is confident Nor Shamsiah Mohd Yunus will hit the ground running.
This refers to a 70 percent cap set by Bank Negara on foreign ownership of local insurance businesses.
The person who will succeed Muhammad Ibrahim has been identified, says Mahathir.
Muhammad Ibrahim says the bank 'abhors any semblance of corruption and abuse of power'.
The central bank rebuts some of the points in a news report on the allegedly overpriced deal.
This was for 67.41 acres it bought from the Finance Ministry, with the proceeds used to service 1MDB's debts.
The central bank says his removal is due to him no longer being Treasury sec-gen.
BNM had extended comprehensive information on the transaction to MACC for review.
Wall Street Journal says this contradicts 1MDB's claim it got the money via an 'ongoing rationalisation programme'.
Its Governor Muhammad Ibrahim says the authorities must ensure that businesses pass the benefit to the public at large.
The central bank says no funds were lost in the incident which involved falsified SWIFT wire-transfer requests.
Central bank includes the hashtag '#beritapalsu' in its denial posted on Twitter.
Rate increase by Bank Negara is minimal, will benefit those with savings, says Najib.
UPDATED 4.15PM | This to 'normalise the degree of monetary accommodation'.
Strong growth in 2017 at 5.8pct compared to 4.2pct in 2016.
Land to be used for relocation of Global Islamic Finance University and Int'l Shari’ah Research Academy for Islamic Finance.
Mahathir claims losses due to Bank Negara selling foreign currency reserves to prop up the ringgit.
Chua Tee Yong also rebuts allegation that Bank Negara’s international reserves are dwindling.
He says US$39.6b 'loss' between 2013-2015 not due to mismanagement as stated by ex-PM.
Despite guidelines from Bank Negara Malaysia, such currencies are still not legal tender.
BNM believed to have used the international reserve to defend the weak ringgit at that time.
She is currently assistant governor responsible for the development of regulations and policies in the banking and insurance sectors.
There are too many unsold unaffordable homes and vacant commercial spaces, says central bank.
Overall balance of payments sees a surplus in third quarter from RM2.7b in Q2.
Rise in headline inflation is due mostly to highter domestic fuel prices, says Bank Negara.