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Bank Negara's international reserves fall to US$107bil

Bank Negara's international reserves fall to US$107bil

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KUALA LUMPUR: Bank Negara’s international reserves fell to US$107bil as at July 15, compared with US$109bil as at June 30.

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“The reserves position is sufficient to finance 5.7 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$94.6bil), IMF reserves position (US$1.3bil), special drawing rights (US$5.7bil), gold (US$2.3bil), and other reserve assets (US$3.1bil).


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