Tuesday 19 Mar 2024
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KUALA LUMPUR (May 8): Bank Negara Malaysia's international reserves rose 0.49% to US$102.5 billion as at April 30, 2020, from US$102 billion as at April 15.

The reserves position is sufficient to finance 7.9 months of retained imports and is 1.1 times the total short-term external debt.

Foreign currency reserves, the largest portion of the international reserves, increased 1.47% to US$96.1 billion from US$94.7 billion two weeks ago.

Unchanged were International Monetary Fund reserves and special drawing rights — both stood at US$1.1 billion — as well as gold reserves, which stood constant at US$2.0 billion. Other reserve assets, however, fell to US$2.2 billion from US$3.1 billion.

The central bank's total assets as at April 30 stood at RM487.62 billion, compared with RM484.68 billion as at April 15, while currency in circulation rose to RM121.36 billion from RM118.16 billion.

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