Bank Negara international reserves lower at US$113.4bil

KUALA LUMPUR: Bank Negara’s international reserves fell to US$113.4bil as at April 15 from US$113.8bil as at March 29.

“The reserves position is sufficient to finance 5.6 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.

The main components of the reserves were foreign currency reserves which stood at US$100.1bil, International Monetary Fund reserves (US$1.4bil), special drawing rights (US$5.7bil), gold (US$2.8bil), and other reserve assets (US$2.4bil).