Bank Negara's international reserves dip to US$128.1bil


KUALA LUMPUR: Bank Negara’s international reserve fell marginally to US$128.1bil as at March 13 compared with US$128.3bil as at Feb 27.

“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$112.4bil), International Monetary Fund reserves (US$1.3bil), special drawing rights (US$6bil), gold (US$6.1bil), and other reserve assets (US$2.3bil).

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