Bank Negara's international reserves at US$109bil as at June 30


KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$109 billion as at June 30, 2022.

In a statement today, the central bank said the reserves position is sufficient to finance 5.8 months of imports of goods and services and is 1.1 times total short-term external debt.

The main components of the international reserves were foreign currency reserves, which stood at US$97 billion as at June 30 as well as the International Monetary Fund reserve position (US$1.3 billion), special drawing rights (US$5.7 billion), gold (US$2.3 billion) and other reserve assets (US$2.7 billion). - Bernama

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

   

Next In Business News

Wall St heads for lower open on rate hike worries
Pharmaniaga 2Q net profit tumbles 95% to RM722,000
Carlsberg 2Q net profit more than double to RM89mil, declares 22 sen dividend
AirAsia X posts RM652.51mil net loss in 4Q
Ringgit slides as US dollar soars across markets
Sapura Energy to dispose of three drilling rigs for US$8.2mil
Inari cautiously optimistic on prospects
TNB, PETRONAS sign MoU for carbon-neutral aspirations
Wahid: Foreign shareholding remains above 20%, but not at pre-pandemic level
Bursa Malaysia closes broadly lower on continued profit-taking

Others Also Read