Malaysian foreign reserves exceed $100b

block
Xinhua, Kuala Lumpur :
Malaysian central bank said Thursday that its international reserves had exceeded 100 billion U.S. dollars as of Nov. 30.
In a statement, the bank said the 101.9-billion reserves are sufficient to finance 7.5 months of retained imports and is 1.1 times the short-term external debt.
The reserves were consisted of 95.4 billion U.S. dollars in foreign currency reserves, 800 million U.S. dollars in International Monetary Fund Reserves Position, 1.2 billion U.S. dollars in Special Drawing Rights, 1.5 billion U.S. dollars in gold and 3 billion U.S. dollars in other reserves assets.
block