Bank Negara’s international reserves edge up to US$118.7bil


File pic - Samsul Said/Bloomberg

KUALA LUMPUR: Bank Negara’s international reserve rose to US$118.7bil as at April 30, compared with US$118.4bil as at April 15.

The reserves position is sufficient to finance 5.0 months of imports of goods and services, and is 0.9 times the total short-term external debt.

The main components of the reserves were foreign currency reserves (US$105.5bil), the International Monetary Fund reserves position (US$1.3bil), special drawing rights (US$5.8bil), gold (US$3.8bil) and other reserve assets (US$2.3bil).

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Bank Negara , BNM , Banking , International Reserve

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