Malaysia’s international reserves at US$97.5 bil on Aug 30

PETALING JAYA – The international reserves of Bank Negara Malaysia amounted to RM391.9 billion (equivalent to US$97.5 billion) as at Aug 30, 2016.

The reserves position is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt.

Short-term external debt includes short-term offshore borrowing, non-resident holdings of short-term ringgit debt securities, non-resident deposits with the banking system and other short-term debt. – Sundaily