BNM international reserves higher at US$103bil

Malaysia

KUALA LUMPUR: Bank Negara international reserves rose to US$103bil as at Jan 15, 2018, from US$102.4bil on Dec 29, 2017.

The forex reserves are sufficient to finance 7.1 months of retained imports and are 1.1 times the short-term external debt, Bank Negara Malaysia said in a statement.

The main components of the international reserves were foreign currency reserves (US$96.3bil), International Monetary Fund reserves position (US$800mil), Special Drawing Rights (US$1.2bil), gold (US$1.5bil) and other reserve assets (US$3.2bil).