Bank Negara international reserves down slightly to US$116.1bil as at Jan 31

KUALA LUMPUR: Bank Negara’s international reserves fell marginally to US$116.1bil as at Jan 31 compared with US$116.2bil as at Jan 14.

“The reserves position is sufficient to finance 7.5 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$103.4bil), IMF reserves position (US$1.4bil), special drawing rights (US$6bil), gold (US$2.3bil), and other reserve assets (US$3bil).