Bank Negara's international reserves down to US$103.1b as at Aug 15

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KUALA LUMPUR (Aug 22): Bank Negara Malaysia's international reserves fell to US$103.1 billion as at Aug 15, from US$103.9 billion as at July 31.

The reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 time total short-term external debt, said the central bank in a statement today.

Foreign currency reserves, the largest reserves portion, came in at US$96.8 billion, while International Monetary Fund reserves position stood at US$1.2 billion and special depository rights at US$1.1 billion.

Gold was at US$1.8 billion, while other reserve assets was at US$2.2 billion level.

As at Aug 15, the bank's assets totalled RM454.48 billion, while currency in circulation was at RM108.96 billion.