Bank Negara International reserves down


  • Forex
  • Friday, 08 Nov 2019

The central bank said in a statement that “the reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 times total the short-term external debt”.

PETALING JAYA: Bank Negara’s international reserves fell by US$100mil to US$103.20bil as at Oct 31 from RM103.30bil on Oct 15.

The central bank said in a statement that “the reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 times total the short-term external debt”.

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 , central bank , reerves , international ,

   

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