Bank Negara’s international reserves higher at US$112.3bil

KUALA LUMPUR: Bank Negara’s international reserves rose to US$112.3bil as at Nov 30 compared with US$110.5bil as at Nov 15.

“The reserves position is sufficient to finance 5.4 months of imports of goods and services, and is 1.0 time the total short-term external debt,” the central bank said in a statement.