Bank Negara’s international reserves rise to US$116.4bil


KUALA LUMPUR: Bank Negara’s international reserves rose to US$116.4bil as at Jan 31, compared with US$115.5bil as at Jan 15.

“The reserves position is sufficient to finance 5.0 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 (US$103.8bil), the International Monetary Fund reserves position (US$1.2bil), special drawing rights (US$5.7bil), gold (US$3.3bil) and other reserve assets (US$2.4bil).

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

Next In Business News

Stigmatised properties: Ghosts or hallucinations?
Too many cars, too many bays
Enhancing meeting procedures
Ringgit to trade within 4.42-4.45 range against greenback next week
Getting on board for rail success
Why patience wins in investing
Socso should consider giving out dividends to contributors
AI shines bright in HSBC strategy
Selling good, Sim-ple fun
EM junk debt rally set to snap

Others Also Read