Bank Negara international reserves fall to US$117.6bil

KUALA LUMPUR: Bank Negara’s international reserves fell to US$117.6bil as at Oct 30 compared with US$119.6bil as at Oct 15, 2024.

“The reserves position is sufficient to finance 4.8 months of imports of goods and services, and is 0.9 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$104.6bil, followed by International Monetary Fund reserves (US$1.3bil), special drawing rights (US$5.9bil), gold (US$3.3bil) and other reserve assets (US$2.5bil).