Bank Negara’s international reserves stand at RM420.1bil

A general view of the headquarters of Malaysia's central bank, Bank Negara Malaysia, in Kuala Lumpur in this January 29, 2013 file photo. Foreign investors could pull up to another billion dollars out of embattled Malaysia's bond markets in the week of September 29 2015, pushing the country a step closer to a currency reserves crisis that would send shudders across the region. Picture taken January 29, 2013. REUTERS/Bazuki Muhammad/Files

KUALA LUMPUR: Bank Negara announced on Monday that its international reserves stood at RM420.1bil or equivalent to US$94.6bil as at Nov 30.

It was higher than the RM417.2bil (US$93.9bil) recorded on Nov 13, 2015.

“The reserves position is sufficient to finance 8.6 months of retained imports and is 1.1 times the short-term external debt,” the central bank said in a statement. - Bernama