Bank Negara Malaysia says its international reserves stand at US$111.4 billion as at May 13. – The Malaysian Insight file pic, May 23, 2022.
BANK Negara Malaysia’s (BNM) international reserves amounted to US$111.4 billion (RM488.3 billion) as at May 13, 2022, compared to US$112.5 billion a fortnight earlier.
The reserves position is sufficient to finance 5.6 months of imports of goods and services and is 1.1 times total short-term external debt, the central bank said in a statement today.
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