Bank Negara's international reserves rise to US$116.8bil as of Aug 30

KUALA LUMPUR: Malaysia’s international reserves rose to US$116.8 billion as at Aug 30, 2024, from US$114.7 billion (US$1=RM4.33) as at July 31, 2024.

The central bank said in a statement today that the reserves position was sufficient to finance 5.4 months of imports of goods and services, and was 1.0 time the total short-term external debt.