Malaysia: Bank Negara foreign reserves up

• Dec 23, 2020

PETALING JAYA: Bank Negara’s international reserves rose US$400mil to US$105.7bil over the two weeks to Dec 15.

It said in a statement that its reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times total short-term external debt.

The main components of the international reserves comprised foreign currency reserves at US$96.7bil, International Monetary Fund reserves position (US$1.4bil), Special Drawing Rights (US$1.1bil), gold (US$2.4bil) and other reserve assets (US$4.1bil).

Source: https://www.thestar.com.my/business/business-news/2020/12/23/bank-negara-foreign-reserves-up