Highlight Bank Negara reserves up 0.1% to US$97.4b as at June 15, 2016
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Highlight Bank Negara reserves up 0.1% to US$97.4b as at June 15, 2016
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[size=28]Bank Negara reserves up 0.1% to US$97.4b as at June 15, 2016
By Meena Lakshana / theedgemarkets.com | June 21, 2016 : 6:09 PM MYTKUALA LUMPUR (June 21): Bank Negara Malaysia's international reserves rose 0.1% to US$97.4 billion (RM383.2 billion) as at June 15, 2016 from the US$97.3 billion (RM382.6 billion) recorded as at May 31, 2016.
In a statement today, the central bank said the reserves position as at June 15, 2016 is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt.
The main components of the international reserves were foreign currency (US$89.6 billion); International Monetary Fund reserves position (US$800 million); Special Drawing Rights (US$1.1 billion); gold (US$1.5 billion) and other reserve assets (US$4.4 billion).
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