BNM's international reserves fall to US$103b at Sept 30

  • Banking
  • Monday, 07 Oct 2019

KUALA LUMPUR: Bank Negara's international reserves were US$103bil as at Sept 30, 2019, down US$500mil from two weeks earlier after taking into account the quarterly adjustment for foreign exchange revaluation changes.

“The reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 time total short-term external debt,” it said.

The main components of the international reserves were foreign currency reserves (US$96.7bil), International Monetary Fund reserves position (US$1.1bil), special drawing rights (US$1.1bil), gold (US$1.9bil) and other reserve assets (US$2.2bil).
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