Bank Negara’s international reserves at US$114.4 billion

Updated 1 year ago · Published on 25 Apr 2022 3:17PM · 1 Comments

Bank Negara Malaysia’s international reserves amount to US$114.4 billion as at April 15, 2022. – The Malaysian Insight file pic, April 25, 2022.

BANK Negara Malaysia’s (BNM) international reserves amounted to US$114.4 billion as at April 15, 2022.

The reserves position is sufficient to finance 6.0 months of imports of goods and services, and is 1.2 times total short-term external debt, the central bank said in a statement today.

The main components of the international reserves are foreign currency reserves, which stood at US$101.2 billion as at April 15, as well as the International Monetary Fund reserve position (US$1.4 billion), special drawing rights (US$6.0 billion), gold (US$2.4 billion) and other reserve assets (US$3.4 billion).

Previously, BNM announced that its international reserves totalled US$115.2 billion as at mid-March 2022. – Bernama, April 25, 2022.

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Comments

  • so reserves down USD1 billion from a month ago. No wonder Ringgit value keeps depreciating.

    Posted 1 year ago by Anonymous 1234 · Reply