Bank Negara foreign reserves up US$500mil mid-April


KUALA LUMPUR: Bank Negara Malaysia's international reserves rose by US$500mil to US$103.50bil as at April 15, 2019 from two weeks ago.

Bank Negara said the reserves position was sufficient to finance 7.7 months of retained imports and was one time total short-term external debt.

The foreign reserves comprise US$97.30bil in foreign currency reserves, US$1.1bil in IMF reserve position, US$1.1bil in special drawing rights, US$1.60bil in gold and US$2.4bil in other reserve assets.

The reserves were US$103bil as at March 29 and the level had taken into account the quarterly adjustment for foreign exchange revaluation changes.

Bank Negara , international reserves

   

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