Bank Negara international reserves edge up to US$124.3bil as at Dec 15


KUALA LUMPUR: Bank Negara Malaysia’s international reserves rose to US$124.3bil as at Dec 15, from US$124.1bil as at Nov 28.

“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$109.9bil), International Monetary Fund reserves (US$1.3bil), special drawing rights (US$5.9bil), gold (US$4.8bil), and other reserve assets (US$2.4bil).

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