KUALA LUMPUR: Bank Negara's international reserves increased to US$120.6bil as of June 30, up from US$119.9bil on June 13.
"The reserves position is sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times the total short-term external debt,” Bank Negara said in a statement.
The main components of the reserves were foreign currency reserves (US$107bil), the International Monetary Fund reserves position (US$1.3bil), special drawing rights (US$5.9bil), gold (US$4.1bil) and other reserve assets (US$2.3bil).
