Bank Negara international reserve up at US$114.1bil

Bank Negara's logo at Sasana Kijang. -AZMAN GHANI/The Star

KUALA LUMPUR: Bank Negara’s international reserves rose to US$114.1bil as at June 14 compared with US$113.6bil as at May 31.

“The reserves position is sufficient to finance 5.5 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 are foreign currency reserves (US$101.9bil), International Monetary Fund reserves position (US$1.3bil), special drawing rights (US$5.7bil), gold (US$2.8bil) and other reserve assets (US$2.4bil).