Malaysia's international reserves stand at 108.6 bln USD

2021-04-07 13:06:11 GMT2021-04-07 21:06:11(Beijing Time) Xinhua English

KUALA LUMPUR, April 7 (Xinhua) -- Malaysia's central bank, Bank Negara, said on Wednesday that its international reserves stood at 108.6 billion U.S. dollars as of March 31.

The central bank said in a statement the reserves level has taken into account the quarterly foreign exchange revaluation changes.

It said, the reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times total short-term external debt.

The international reserves consist of 100.9 billion U.S. dollars in foreign currency reserves, 1.4 billion U.S. dollars in International Monetary Fund Reserves Position, 1.2 billion U.S. dollars in Special Drawing Rights, 2.1 billion U.S. dollars in gold and 3 billion U.S. dollars in other reserves assets. Enditem

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