Bank Negara reserves at US$114.4bil

Bank Negara said the reserves position is sufficient to finance 5.1 months of imports of goods and services.

PETALING JAYA: Bank Negara’s international reserves amounted to US$114.4bil (RM508.3bil) as at April 28, down from US$115.9bil (RM514.9bil) as at April 14.

“The reserves position is sufficient to finance 5.1 months of imports of goods and services, and is 1.0 times of the total short-term external debt,” Bank Negara said in a statement.