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BUSINESS

Bank Negara Malaysia's international reserves at US$112.5 bln as at Apr 29

11/05/2022 03:38 PM

KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves amounted to US$112.5 billion as at April 29, 2022.

The central bank, in a statement today, said the reserves position is sufficient to finance 5.9 months of imports of goods and services and is 1.2 times of the total short-term external debt.

The main components of the international reserves are foreign currency reserves, which stood at US$100 billion as at April 29, as well as the International Monetary Fund reserve position (US$1.4 billion), special drawing rights (US$6.0 billion), gold (US$2.4 billion), and other reserve assets (US$2.7 billion).

-- BERNAMA


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