Bank Negara's foreign reserves rise to US$104.3bil as at Aug 14


KUALA LUMPUR: Bank Negara's international reserves rose US$100mil to US$104.3bil as at Aug 14, 2020, from two weeks earlier.

The central bank said in a statement today that the reserves position is sufficient to finance 8.5 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 (US$95.6bil), International Monetary Fund reserves position (US$1.3bil), Special Drawing Rights (SDRs) (US$1.1bil), gold (US$2.2bil) and other reserve assets (US$4.1bil).
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