Bank Negara’s international reserves down to US$111.4bil

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Bank Negara’s international reserves down to US$111.4bil
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Bank Negara: “The reserves position is sufficient to finance 5.0 months of imports of goods and services, and is 1.0 time the total short-term external debt.'

“The reserves position is sufficient to finance 5.0 months of imports of goods and services, and is 1.0 time the total short-term external debt,” Bank Negara said in a statement.

The central bank said the main components of the international reserves were foreign currency reserves , International Monetary Fund reserves position , Special Drawing Rights , gold and other reserve assets .

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