Bank Negara's international reserves rise to US$115.2bil

The central bank remains committed to building a better Malaysia for generations to come. — Bloomberg

KUALA LUMPUR: Bank Negara’s international reserves amounted to US$115.2bil as at Jan 31, up from US$114.9bil as at Jan 13.

“The reserves position is sufficient to finance 5.3 months of imports of goods and services, and is 1.0 time of the 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$103bil), International Monetary Fund reserves position (US$1.4bil), special drawing rights (SDRs) (US$5.7bil), gold (US$2.3bil) and other reserve assets (US$2.8bil).