Bank Negara’s international reserves at US$116.2bil as at Jan 14

KUALA LUMPUR: Bank Negara’s international reserves stood at US$116.2bil as at Jan 14, 2022, down slightly from US$116.9bil as at Dec 31, 2021.

“The reserves position is sufficient to finance 7.4 months of retained imports and is 1.2 times total short-term external debt,” the central bank said in a statement.

Bank Negara said the main components of the international reserves were foreign currency reserves (US$102.6bil), IMF reserves position (US$1.4bil), special drawing rights (SDRs) (US$6bil), gold (US$2.3bil), and other reserve assets (US$3.9bil).