BNM international reserves at US$103.6bil


KUALA LUMPUR: Bank Negara Malaysia’s international reserves dipped US100mil to US$103.6bil (RM406.1bil) as at Jan 15, 2018 from US$103.7bil on Jan 30, 2017.

“The reserves position is sufficient to finance 7.1 months of retained imports and is 1.1 times the short-term external debt,” the central bank said in a statement on Thursday.

The main components of the international reserves were foreign currency reserves (US$97bil), International Monetary Fund reserves position (US$800mil), Special Drawing Rights (SDRs) (US$1.2bil), gold (US$1.5bil) and other reserve assets (US$3.1bil).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!
   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Inari switches gear to remain relevant
InNature diversifies into the F&B industry
New capacity in the pipeline
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Coordinated approach crucial to strengthen SMEs
CIMB Securities eyes larger market share

Others Also Read