Bank Negara’s international reserves at US$115.8bil as at Feb 28


KUALA LUMPUR: Bank Negara’s international reserves amounted to US$115.8bil as at Feb 28, unchanged from Feb 15.

“The reserves position is sufficient to finance 6.1 months of imports of goods and services1, and is 1.2 times total short-term external debt,” Bank Negara stated in a press release.

The central financial institution stated the primary elements of the international reserves had been overseas forex reserves (US$103bil), IMF reserves place (US$1.4bil), particular drawing rights (US$6bil), gold (US$2.3bil), and different reserve belongings (US$3.1bil).

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