Bank Negara's international reserves rise to US$123.6bil


KUALA LUMPUR: Bank Negara’s international reserves climbed to US$123.6bil as at Sept 30, from US$122.8bil on Sept 12.

“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,” the central bank said in a statement.

The main components of the reserves were foreign currency reserves (US$109.3bil), the International Monetary Fund’s reserve position (US$1.3bil), special drawing rights (US$5.9bil), gold (US$4.8bil) and other reserve assets (US$2.3bil).

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