Bank Negara’s international reserves up slightly at US$101.9bil

  • Banking
  • Thursday, 7 Dec 2017

KUALA LUMPUR: Bank Negara international reserves rose marginally to US$101.9bil as at Nov 30, 2017 from US$101.5bil on Nov 15, 2017.

The central bank said on Thursday its reserves, in ringgit terms, rose to RM430.4bil from RM429bil as at mid-November.

It said the reserves position was sufficient to finance 7.5 months of retained imports and was 1.1 times the short-term external debt.

The main components of the international reserves were foreign currency reserves (US$95.4bil), International Monetary Fund reserves position (US$800mil), Special Drawing Rights (US$1.2bil), gold (US$1.5bil) and other reserve assets (US$3bil).