Bank Negara international reserve up at US$115.4b as at Feb 15

KUALA LUMPUR: Bank Negara’s international reserves rose to US$115.4bil as at Feb 15 compared with US$114.8bil as at Jan 31.

“The reserves position is sufficient to finance 5.5 months of imports of goods and services, and is 1.0 time of the total short-term external debt,” Bank Negara said in a statement.

The main components of the reserves were foreign currency reserves which stood at US$102.9bil, followed by International Monetary Fund reserves (US$1.4bil), special drawing rights (US$5.8bil), gold (US$2.6bil), and other reserve assets (US$2.7bil).