Malaysia’s foreign reserves at $97.7b | 2016-09-23 |

Malaysia’s foreign reserves at $97.7b

23 September, 2016 12:00 AM printer

KUALA LUMPUR: Malaysia’s central bank, Bank Negara, said Thursday that its international reserves amounted to 392.5 billion ringgit (97.7 billion U.S. dollars) as of Sept. 15.
The international reserves were consisted of 89.7 billion U.S. dollars in foreign currency reserves, 0.8 billion U.S. dollars in International Monetary Fund (IMF) Reserves Position, 1.1 billion U.S. dollars in Special Drawing Rights (SDRs), 1.5 billion U.S. dollars in gold and 4.6 billion U.S. dollars in other reserves assets, reports Xinhua.
Its reserves position is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt.