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Bank Negara international reserves fall to US$112.8bil

KUALA LUMPUR: Bank Negara’s international reserves fell to US$112.8bil as at April 30 compared with US$113.4bil as at April 15.

“The reserves position is sufficient to finance 5.5 months of imports of goods and services, and is 1.0 times of the total short-term external debt,” Bank Negara said in a statement.

The main components of the international reserves are foreign currency reserves (US$100.6bil), International Monetary Fund reserves position (US$1.4bil), special drawing rights (US$5.7bil), gold (US$2.8bil) and other reserve assets (US$2.3bil).

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