Bank Negara: External debt remains manageable


At 9.03 am(0103gmt), the local unit's onshore trading was at 4.3380/3500 against the greenback from 4.3340/3390 on Tuesday.

PETALING JAYA: The weaker ringgit contributed to the higher cost of foreign debts.

Malaysia’s total external debt rose 9% to RM908.7bil in 2016, Bank Negara said, which is equal to 73.9% of the country’s gross domestic product (GDP).

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , external debt

   

Next In Business News

Etiquette at an open house
Trump’s presidency a boon
Elevating outdoor oases
GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
The beauty of Hygr’s formula
Top Glove bullish on outlook amid steady order inflows
US market - prudence is golden
Book speaks volumes about Penang food

Others Also Read