Bank Negara reserves up to US$127.9bil at Feb 13


File pic - AZMAN GHANI/ The Star

KUALA LUMPUR: Bank Negara’s international reserves rose to US$127.9bil as at Feb 13, compared with US$126.9bil as at Jan 30.

ALSO READ: Bank Negara's international reserves amounted to US$126.9bil as at Jan 30

“The reserves position is sufficient to finance 4.7 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$112bil), International Monetary Fund reserves (US$1.3bil), special drawing rights (US$6bil), gold (US$6.1bil), and other reserve assets (US$2.5bil).

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