Malaysian foreign reserves at 101.4 bln USD

Source: Xinhua| 2017-10-20 15:49:32|Editor: Zhou Xin
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KUALA LUMPUR, Oct. 20 (Xinhua) -- Malaysia's central bank, Bank Negara, said Friday that its international reserves amounted to 428.7 billion ringgit (101.4 billion U.S. dollar) as of Oct. 13.

The international reserves were consisted of 94.7 billion U.S. dollar in foreign currency reserves, 0.8 billion U.S. dollar in International Monetary Fund (IMF) Reserves Position, 1.2 billion U.S. dollar in Special Drawing Rights (SDRs), 1.5 billion U.S. dollar in gold and 3.2 billion U.S. dollar in other reserves assets.

Its reserves position is sufficient to finance 7.5 months of retained imports and is 1.1 times the short-term external debt.

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