Bank Negara foreign reserves rise to US$104bil as at July 15
KUALA LUMPUR: Bank Negara's international reserves rose US$600mil to US$104bil as at July 15 from two weeks earlier
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In a statement today, the central bank said the reserves position was sufficient to finance 8.5 months of retained imports and was 1.1 times the total short-term external debt.
The main components of the international reserves comprised foreign currency reserves (US$95.7bil), International Monetary Fund reserves position (US$1.3bil), Special Drawing Rights (SDRs) (US$1.1bil), gold (US$2.2bil) and other reserve assets (US$3.7bil).
In a statement today, the central bank said the reserves position was sufficient to finance 8.5 months of retained imports and was 1.1 times the total short-term external debt.
The main components of the international reserves comprised foreign currency reserves (US$95.7bil), International Monetary Fund reserves position (US$1.3bil), Special Drawing Rights (SDRs) (US$1.1bil), gold (US$2.2bil) and other reserve assets (US$3.7bil).
23 Jul 2020
