Bank Negara foreign reserves rise to US$109bil


File pic. — FAIHAN GHANI/The Star

KUALA LUMPUR: Bank Negara’s international reserves rose to US$109.3bil as at April 15 compared to US$108.6bil as at March 31.

“The reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times total short-term external debt,” the central bank said in a statement Thursday.

The central bank said the main components of the international reserves were foreign currency reserves (US$99.9bil), International Monetary Fund reserves position (US$1.4bil), Special Drawing Rights (SDRs) (US$1.2bil), gold (US$2.1bil), and other reserve assets (US$4.7bil).

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

   

Next In Business News

GLOBAL-LNG-Asian spot prices hit $10 on global supply disruptions
With superheroes and sci-fi, Disney+ outlook bright
Picasso oil painting sells for over US$100mil at New York auction
Oil prices jump as major US fuel pipeline restarts but COVID concerns cap gains
GLOBAL MARKETS-US and world stocks surge in recovery; dollar, bond yields dip
Short Position - Cryptocurrency, YTL Cement, vaccination
Coastal Contracts alters course
Growing Port Klang for years to come
All about the largest port in Malaysia
Human error and shaky grid spark new global-chip supply concerns

Stories You'll Enjoy


Vouchers