Bank Negara int'l reserves up at US$95.7b as at April 14

-A +A

KUALA LUMPUR (April 21): Bank Negara Malaysia's (BNM) international reserves rose 0.31% to US$95.7 billion (RM423.2 billion) as at April 14, 2017, compared with US$95.4 billion (RM422.2 billion) as at March 31, 2017.

"The reserves position is sufficient to finance 8.2 months of retained imports and is 1.1 times the short-term external debt," BNM said in a statement today.

Of the reserves, foreign currency made up the biggest portion at US$88.9 billion. The rest comprised International Monetary Fund (IMF) reserves at US$800 million, special drawing rights (US$1.1 billion), gold (US$1.6 billion) and other reserve assets (US$3.3 billion).

As at April 14, 2017, total assets were RM451.80 billion, while currency in circulation dropped 0.7% to RM98.74 billion from RM99.45 billion as of March 31, said the central bank.