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.