Bank Negara's international reserves down to US$114.3bil

KUALA LUMPUR: Bank Negara’s international reserves amounted to US$114.3bil as at Feb 29, down from US$115.4bil as at Feb 15.

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

The main components of the international reserves were foreign currency reserves (US$101.8bil), International Monetary Fund reserves position (US$1.4bil), special drawing rights (US$5.8bil), gold (US$2.6bil) and other reserve assets (US$2.7bil).