Friday 29 Mar 2024
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KUALA LUMPUR (May 7): Bank Negara Malaysia (BNM) recorded a US$100 million or 0.1% decrease in its international reserves to US$103.4 billion as at April 30 this year, from the US$103.5 billion it recorded over two weeks ago on April 15.

"The reserves position is sufficient to finance 7.4 months of retained imports and is one time total short-term external debt," the central bank said in a statement today.

Foreign currency reserves made up the bulk of total reserves and remained steady at US$97.3 billion, while both IMF reserves position and special depository rights also stayed the same at US$1.1 billion each.

Gold remained at US$1.6 billion, while other reserve assets slipped to US$2.3 billion from US$2.4 billion previously.

As at April 30, assets totalled RM453.28 billion, while currency in circulation was at RM108.79 billion.

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