BNM international reserves grow to US$103.7bil as at Jan 15


  • Banking
  • Wednesday, 22 Jan 2020

KUALA LUMPUR: The international reserves of Bank Negara amounted to US$103.7bil as at Jan 15, up US$100mil from US$103.6bil two weeks earlier.

According to the central bank, the reserves position is sufficient to finance 7.4 months of retained imports and is 1.1 times total short-term external debt.

The main components of the international reserves comprised foreign currency reserves at US$96.9bil, International Monetary Fund reserves position (US$1.1bil), Special Drawing Rights (SDRs) (US$1.1bil), gold (US$1.9bil), and other reserve assets (US$2.7bil).

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