Bank Negara's international reserves rise to US$115.5bil

KUALA LUMPUR: Bank Negara’s international reserves rose to US$115.5bil as at March 31, from US$114bil as at March 15.

“The reserves position is sufficient to finance 5.1 months of imports of goods and services, and is 1.1 times of the total short-term external debt,” the central bank said in a statement.

Bank Negara said the main components of the international reserves were foreign currency reserves (US$103.1bil), International Monetary Fund reserves position (US$1.4bil), special drawing rights (SDRs) (US$5.8bil), gold (US$2.5bil) and other reserve assets (US$2.7bil).