Bank Negara’s international reserves at US$112.5 billion

Updated 1 year ago · Published on 11 May 2022 4:42PM · 0 Comments

Bank Negara Malaysia’s international reserves amounting to US$112.5 billion as at April 29 is sufficient to finance 5.9 months of imports of goods and services and is 1.2 times the total short-term external debt. – The Malaysian Insight file pic, May 11, 2022.

BANK Negara Malaysia’s international reserves amounted to US$112.5 billion as at April 29.

The central bank, in a statement today, said the reserves position is sufficient to finance 5.9 months of imports of goods and services and is 1.2 times the total short-term external debt.

The main components of the international reserves are foreign currency reserves – which stood at US$100 billion as at April 29 – International Monetary Fund reserve position (US$1.4 billion), special drawing rights (US$6 billion), gold (US$2.4 billion) and other reserve assets (US$2.7 billion). – Bernama, May 11, 2022.