KUALA LUMPUR (Jan 20): Bank Negara Malaysia's (BNM) international reserves fell 0.3% to US$94.3 billion (RM422.9 billion) as at Jan 13, 2017 compared with US$94.6 billion (RM424.2 billion) as at Dec 30, 2016.

"The reserves position is sufficient to finance 8.7 months of retained imports and is 1.3 times the short-term external debt," BNM said in a statement today.

Of the reserves, foreign currency made up the chunk at US$87.1 billion while the rest comprised International Monetary Fund (IMF) reserves at US$800,000, special drawing rights (US$1.1 billion), gold (US$1.4 billion) and other reserve assets (US$3.9 billion).

Total assets as at Jan 13, 2017 came to RM449.2 billion, while currency in circulation amounted to RM99.9 billion.