Bank Negara international reserves rise to US$114.7bil


File pic - AZMAN GHANI/ The Star

KUALA LUMPUR: Bank Negara’s international reserve rose to US$114.7bil as at July 31 compared with US$113.3bil as at July 15.

“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 reserves were foreign currency reserves, which stood at US$102.4bil, followed by International Monetary Fund reserves (US$1.3bil), special drawing rights (US$5.7bil), gold (US$2.9bil) and other reserve assets (US$2.4bil).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bank Negara , BNM , international reserves

Next In Business News

The state where women own the land
One too many paid third spaces?�
Life above the ceiling
Ringgit expected to trade at RM4.06-RM4.08 next week
Airbus recognises 18 HAS pilots for H175 flight hour milestones
KWAP continues pursuing all avenues to maximise recovery of its investment in eFishery
Earnings hurdle for Wall Street
Who watches the regulator?
China assets gain ground
Velesto’s cancelled rig sale highlights oil volatility

Others Also Read