Bank Negara international reserves fall to US$108.9bil

KUALA LUMPUR: Bank Negara’s international reserves amounted to US$108.9bil as at Oct 13, down from US$110.1bil as at Sept 29.

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

The main components of the international reserves were foreign currency reserves (US$96.5bil), International Monetary Fund reserves position (US$1.4bil), special drawing rights (US$5.7bil), gold (US$2.3bil) and other reserve assets (US$3.0bil).