Bank Negara international reserves fall to US$129.5bil


KUALA LUMPUR: Bank Negara Malaysia’s international reserves stood at US$129.5bil as at May 15, down slightly from US$129.7bil recorded as at April 30.

“The reserves position is sufficient to finance 4.6 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$113.5bil), International Monetary Fund reserves (US$1.3bil), special drawing rights (US$5.9bil), gold (US$6.4bil), and other reserve assets (US$2.4bil).

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