KUALA LUMPUR: Bank Negara’s international reserves amounted to US$118.3bil as of Feb 28, up from US$117.7bil as of Feb 14.
“The reserves position is sufficient to finance 5.0 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 (US$105.9bil), the International Monetary Fund reserves position (US$1.2bil), special drawing rights (US$5.7bil), gold (US$3.3bil) and other reserve assets (US$2.2bil).
