BCN-42 Malaysia’s foreign reserves up marginally to 102.1 bln USD

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ZCZC

BCN-42

MALAYSIA-FOREIGN-RESERVE

Malaysia’s foreign reserves up marginally to 102.1 bln USD

KUALA LUMPUR, Nov. 22, 2018 (BSS/Xinhua) – The Malaysian central bank, Bank
Negara, said Thursday the country’s international reserves stood at 102.1
billion U. S. dollars as of Nov. 15.

The reserves were 0.4 billion U.S. dollars higher as compared with the
101.7 billion U.S. dollars as of Oct. 31.

The central bank said in a statement that the reserves position is
sufficient to finance 7.7 months of retained imports and is 1 times the
short-term external debt.

The international reserves consisted of 96.4 billion U.S. dollars in
foreign currency reserves, 900 million U.S. dollars in International Monetary
Fund Reserves Position, 1.1 billion U.S. dollars in Special Drawing Rights,
1.5 billion U.S. dollars in gold and 2.2 billion U.S. dollars in other
reserves assets.

BSS/XINHUA/HR/1500