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).

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Bank Negara , International reserve


Next In Business News

CPO futures expected to trade lower next week
Short Position: Stockbroking challenge, Earnings drag, How low can you go?
Expansion of M’sian builders overseas – strategy and necessity
Ringgit to recover on investor confidence
Easing residential overhang
How to correct global imbalances?
Are we targeting subsidies right?
MAHB to ‘clean house’ at Malaysia airports
Alliance, CGC allocate RM1bil for MSMEs
Workplace stress and anxiety

Others Also Read