Bank Negara's international reserves down to US$110.1bil

KUALA LUMPUR: Bank Negara’s international reserves amounted to US$110.1bil as of Sept 29, down from US$111.5bil as at Sept 15.

“The reserves position is sufficient to finance 5.1 months of imports of goods and services, and is 1.0 time of the total short-term external debt,” the central bank said in a statement.

The main components of the international reserves were foreign currency reserves (US$98bil), International Monetary Fund reserves position (US$1.4bil), special drawing rights (US$5.7bil), gold (US$2.3bil) and other reserve assets (US$2.7bil).