News Room - Business/Economics

Posted on 11 Feb 2015

Bank Negara reserves at RM386.5b on Jan 30

he international reserves of Bank Negara Malaysia amounted to RM386.5 billion (equivalent to US$110.6 billion) as at Jan 30, 2015, down from RM388.6 billion (equivalent to US$111.2 billion) as at Jan 15, 2015.

The reserves position is sufficient to finance 7.9 months of retained imports and is 1.1 times the short-term external debt.

The main components of the international reserves were foreign currency reserves (US$101.4 billion), International Monetary Fund position (US$0.9 billion), Special Drawing Rights (US$1.9 billion), gold (US$1.4 billion) and other reserve assets (US$5.0 billion).