Bank Negara international reserves down US$100mil at Oct 31


  • Banking
  • Thursday, 07 Nov 2019

KUALA LUMPUR: Bank Negara Malaysia’s international reserves fell by US$100mil to US$103.20bil as at Oct 31 from US$103.30bil on Oct 15.

“The reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 times total short-term external debt, ” Bank Negara said in a statement Thursday.

The main components of the international reserves were foreign currency reserves (US$96.8bil), International Monetary Fund reserves position (US$1.1bil), special drawing rights (US$1.1bil), gold (US$1.9bil) and other reserve assets (US$2.3bil).

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Bank Negara , international reserves

   

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