Bank Negara's international reserves rise to US$112.5bil

The Bank Negara Malaysia logo outside the Sasana Kijang Center, which houses the bank's facilities, in Kuala Lumpur, Malaysia, on Friday, May 13, 2022. Malaysia’s economy grew at a faster-than-expected pace in the first quarter of the year as activity picked up with the easing of virus restrictions. Photographer: Samsul Said/Bloomberg

KUALA LUMPUR: Bank Negara’s international reserves amounted to US$112.5bil as at Aug 30, up from US$112.2bil as at Aug 15.

“The reserves position is sufficient to finance 5.2 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.