Bank Negara's international reserves down to US$114.4bil

KUALA LUMPUR: Bank Negara’s international reserves declined to US$114.4bil as at Feb 15, from US$115.2bil as at Jan 31.

“The reserves position is sufficient to finance 5.0 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$102.1bil), International Monetary Fund reserves position (US$1.4bil), Special Drawing Rights (SDRs) (US$5.7bil), gold (US$2.3bil) and other reserve assets (US$2.9bil).