Bank Negara international reserves up at US$118bil


File pic - AZMAN GHANI/ The Star

KUALA LUMPUR: Bank Negara’s international reserves rose to US118bil as at Nov 15 compared with US$117.6bil as at Oct 30.

“The reserves position is sufficient to finance 4.6 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$105bil, 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).

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

Next In Business News

Skydecks: More than just a million-dollar view
Keeping housing�construction�costs on track
What�old homes�got right�
ASIA’S AI INVESTMENT POTENTIAL
Saving Australia’s bookshops
AI turns to green bonds
Asean equities in stronger investment phase�
Stratus’ blockbuster debut: Fundamentals or Fomo?
Moving away from PPPs
Millionaires’ playground goes tech

Others Also Read