Bank Negara international reserves fall to US$113.3bil

KUALA LUMPUR: Bank Negara’s international reserves stood at US$113.3bil as at July 15, down from US$113.8bil as at June 28.

“The reserves position is sufficient to finance 5.4 months of imports of goods and services, and is 1.0 times of the total short-term external debt,” the central bank said in a statement.

The main components of the international reserves are foreign currency reserves (US$101bil), International Monetary Fund reserves position (US$1.3bil), special drawing rights (US$5.7bil), gold (US$2.9bil) and other reserve assets (US$2.4bil).