(Updated)

Bank Negara's international reserves up 1.01% at US$109.7b as at Feb 15, 2021

Bank Negara's international reserves up 1.01% at US$109.7b as at Feb 15, 2021
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KUALA LUMPUR (Feb 22): Bank Negara Malaysia's (BNM) international reserves amounted to US$109.7 billion as at Feb 15, 2021, up by a marginal 1.01% from US$108.6 billion as at Jan 29, 2021. 

In a statement today, BNM said the reserves position is sufficient to finance 8.6 months of retained imports and is 1.2 times total short-term external debt.

Among the five components of the international reserves, the largest — foreign currency reserves — slipped to US$99.7 billion from US$100.4 billion two weeks ago, while International Monetary Fund (IMF) reserves and gold were unchanged at US$1.4 billion and US$2.4 billion respectively.

Special Drawing Rights were also unchanged at US$1.2 billion, while other reserve assets rose to US$5 billion from US$3.2 billion.

The bank's total assets stood at RM494.73 billion as at Feb 15, 2021, up 0.89% from RM490.38 billion as at Jan 29, 2021.