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).

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

Ringgit extends winning streak on expectation of slower US interest rate hike
MAHB's passenger throughput expected to rise in 2023
Bursa Malaysia sees net foreign outflow of RM57.8mil in holiday-shortened week
Corporate earnings in view for February trading
Trading ideas: Revenue, MAHB, SCIB, Hextar Industries, EcoFirst and LYC
Influencers focused on strengthening their niche
Seeing green
EU needs way to compete with US, China on clean energy
Saudi Prince locked in US$5mil fight over ‘James Bond island’
Airport boss calls Flybe collapse disappointing

Others Also Read