Bank Negara foreign reserves rise to US$104bil as at July 15
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