Malaysia’s foreign reserves stand at $107.8b

block
Xinhua, Kuala Lumpur :
Malaysia’s central bank Bank Negara said Friday that its international reserves stood at 107.8 billion U.S. dollars as of March 30.
The reserves level has taken into account the adjustment for foreign exchange revaluation changes, said the central bank in a statement.
The reserves position is sufficient to finance 7.4 months of retained imports and is 1.1 times the short-term external debt.
The international reserves consisted of 101.3 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, 1.6 billion.
block