The reserves will be sufficient to finance 5.4 months of imports of goods and services, says the central bank.
The main component of BNM’s international reserves is the foreign currency reserves, valued at US$102.2 billion.
The central bank said the reserves position was sufficient to finance 5.4 months of imports of goods and services and was one time the total short-term external debt. The main components of the reserves were foreign currency reserves which stood at US$102.2 billion , followed by International Monetary Fund reserves at US$1.4 billion , special drawing rights at US$5.8 billion , gold at US$2.6 billion , and other reserve assets at US$2.8 billion .
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