Foreign reserves at US$108.6bil

“The reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times total short-term external debt, ” Bank Negara said.

KUALA LUMPUR: Bank Negara’s international reserves slipped marginally to US$108.6bil (RM448.25bil) as at March 31 from US$109.2bil as at March 15.

In a statement, the central bank said the reserves level had taken into account the quarterly foreign exchange revaluation changes.