BNM international reserves up at US$104.9b as at Nov 13

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KUALA LUMPUR (Nov 20): Bank Negara Malaysia's (BNM) international reserves inched up to US$104.9 billion as at Nov 13, from US$104.6 billion as at Oct 30.

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

Among the five components of the international reserves, the largest, foreign currency reserves, slipped to US$95.2 billion from US$97.1 billion two weeks ago, while International Monetary Fund reserves and Special Drawing Rights were unchanged at US$1.4 billion and US$1.2 billion, respectively.

Also unchanged was gold, at US$2.4 billion, while other reserve assets jumped to US$4.7 billion from US$2.5 billion previously.

The bank's total assets stood at RM491.595 billion as at Nov 13, up 0.9% from RM487.146 billion as at Oct 30.