Malaysia’s international reserves fall to 103.1 billion USD

24-Aug-2019 Intellasia | Xinhuanet | 6:02 AM Print This Post

Malaysia’s central bank said Thursday that its international reserves stood at 103.1 billion US dollars as at August 15.

The reserves were 0.8 percent lower when compared with 103.9 billion US dollars as of July 31.

The central bank said in a statement that the reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 time total short-term external debt.

The international reserves consisted of 96.8 billion US dollars in foreign currency reserves, 1.2 billion US dollars in International Monetary Fund Reserves Position, 1.1 billion US dollars in Special Drawing Rights, 1.8 billion US dollars in gold and 2.2 billion US dollars in other reserves assets.


Category: Malaysia

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