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BNM International Reserves Totalled US$110.9 bil as at Aug 15

Bank Negara Malaysia (BNM) has said its international reserves amounted to US$110.9 billion (RM497.38 billion) as at Aug 15.

The reserves position is sufficient to finance 5.5 months of imports of goods and services, and is 1.1 times the total short-term external debt, the central bank said in a statement on Monday (Aug 22).

It said the main components of the international reserves included foreign currency reserves, which stood at US$98.5 billion, International Monetary Fund (IMF) reserves at US$1.3 billion, and US$5.7 billion worth of IMF-linked special drawing rights.

Other components were US$2.3 billion worth of gold and US$3.1 billion worth of other reserve assets.

Source: The Edge Markets

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