Friday 19 Apr 2024
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KUALA LUMPUR (Jan 22): The international reserves of Bank Negara Malaysia (BNM) rose 0.1% to US$103.7 billion as at Jan 15, 2020, from US$103.6 billion as at Dec 31, 2019.

In a statement today, the central bank said the reserves position is sufficient to finance 7.4 months of retained imports and is 1.1 times the total short-term external debt.

The largest portion of the international reserves was foreign currency reserves, which slipped to US$96.9 billion from US$97.2 billion, while International Monetary Fund reserves and special drawing rights were both unchanged at US$1.1 billion.

Gold reserves, meanwhile, was also maintained at US$1.9 billion, while other reserve assets rose to US$2.7 billion from US$2.3 billion.

The central bank's total assets as at Jan 15 stood at RM450.57 billion, while currency in circulation amounted to RM117.54 billion.

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