Malaysia’s Int’l Reserves Stand At 107.8 Billion USD

Malaysia’s Int’l Reserves Stand At 107.8 Billion USD

KUALA LUMPUR, Jan 23 (NNN-BERNAMA) – Malaysia’s central bank, Bank Negara, said yesterday that, its international reserves stood at 107.8 billion U.S. dollars, as of Jan 15.

The central bank said, in a statement that, the reserves position is sufficient to finance 8.7 months of retained imports, and is 1.2 times the total short-term external debt.

The international reserves consist of 97.8 billion U.S. dollars in foreign currency reserves, 1.4 billion U.S. dollars in International Monetary Fund Reserves Position, 1.2 billion U.S. dollars in Special Drawing Rights, 2.4 billion U.S. dollars in gold, and five billion U.S. dollars in other reserves assets.– NNN-BERNAMA

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