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Bank Negara's International Reserves at RM104.5bil as of July 31
Banking & Investment News
New Straits Times, 08 Aug 18
clock 08-08-2018
hit 258

Bank Negara Malaysia's international reserves amounted to US$104.5 billion as at July 31 this year.

This was a marginal 0.096 percent lower than the US$104.6 billion it registered on July 13.

In a statement today, Bank Negara said the reserves position was sufficient to finance 7.5 months of retained imports and was 1.1 times the short-term external debt.

Foreign currency was the biggest chunk of reserves amounted to (US$98.2 billion), International Monetary Fund reserves position (US$900 million), Special Drawing Rights (US$1.2 billion), gold (US$1.5 billion) and other reserve assets (US$2.7 billion).

Meanwhile, Bank Negara's total assets stood at RM450.097 billion as at July 31.

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