Bank Negara's international reserves rise to US$112.8bil


KUALA LUMPUR: Bank Negara’s international reserves rose to US$112.8bil as at May 31 from US$111.4bil as at May 13.

“The reserves position is sufficient to finance 5.7 months of imports of goods and services, and is 1.1 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$100.3bil), IMF reserves position (US$1.4bil), special drawing rights (US$6bil), gold (US$2.4bil), and other reserve assets (US$2.7bil).

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Bank Negara , international reserves

   

Next In Business News

PJD Link seeks public listing on Bursa Malaysia via RTO
Ringgit falls against US$ at close
SCB admitted into PN17 status
FBM KLCI snaps eight-day losing streak, broader market stays negative
TSR to dispose of Port Dickson property for RM23.8mil
EP Manufacturing gets Miti licence to make electric bikes
Oil rebounds 3% as Opec+ weighs biggest output cut since 2020
Malaysia's economy not in crisis, growth trajectory remains positive - BNM governor
NCT inks MoU to explore Microsoft's cloud, data management solutions for NSIP
There is more to the country's economy, not just the ringgit - BNM governor

Others Also Read