Bank Negara's international reserves rise to US$109.7bil as at Nov 30

KUALA LUMPUR: Bank Negara's international reserves amounted to US$109.7bil as at Nov 30, 2022, up from US$107.5bil two weeks earlier.

The central bank said in a statement the reserves were sufficient to finance 5.3 months of imports of goods and services.

It added that the reserves position is one time the total short-term external debt.

The main components of the international reserves were foreign currency reserves (US$98.2bil), International Monetary Fund reserves position (US$1.3bil), Special Drawing Rights (SDRs) (US$5.5bil), gold (US$2.1bil), and other reserve assets (US$2.6bil).