Bank Negara international reserves fall to US$114bil as at March 15

KUALA LUMPUR: Bank Negara’s international reserves of Bank Negara Malaysia amounted to US$114bil as at March 15, down marginally from US$114.3bil as at Feb 28.

“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$101.7bil), International Monetary Fund reserves position (US$1.4bil), special drawing rights (US$5.7bil), gold (US$2.3bil) and other reserve assets (US$2.9bil).