Bank Negara foreign reserves rise to US$105.7bil

KUALA LUMPUR: Bank Negara's international reserves rose US$400mil to US$105.7bil over the two weeks to Dec 15, 2020.

It said in a statement that its reserves position is sufficient ot finance 8.8 months of retained imports and is 1.2 times total short-term external debt.

The main components of the international reserves comprised foreign currency reserves at US$96.7bil, International Monetary Fund reserves position (US$1.4bil), Special Drawing Rights (SDRs) (US$1.1bil), gold (US$2.4bil) and other reserve assets (US$4.1bil).
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Bank Negara , international reserves


Next In Business News

Tanco bags RM172.66mil land reclamation job in Melaka
Sapura Energy CFO Reza leaves, Chew to take over�
Southern Steel registers RM47.9mil net profit in FY21
BDB-MBI Kedah JV to develop Langkawi Premium Outlets
Astro posts lower Q2 net profit due to elevated content cost�
Southern Acids Q1 net profit climbs on higher commodity prices�
Bursa Malaysia ends higher after volatile trading
Public Bank clinches record Best Bank in Malaysia award for 15 years
Universal Music Group shares surge on stock market debut
Evergrande woes hit Japan's toilet, air-conditioner and paint manufacturers

Stories You'll Enjoy