Thursday 02 May 2024
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KUALA LUMPUR (Dec 7): Bank Negara Malaysia's (BNM) international reserves inched up to US$105.3 billion as at Nov 30 from US$104.9 billion as at Nov 13.

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, rose to US$97.9 billion from US$95.2 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, however, slipped to US$1.1 billion from US$1.2 billion, while other reserve assets fell to US$2.5 billion from US$4.7 billion.

The bank's total assets stood at RM489.786 billion as at Nov 30, down 0.37% from RM491.595 billion as at Nov 13.

Edited ByTan Choe Choe
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