Malaysia's international reserves fall to 102.8 bln USD

Source: Xinhua| 2019-05-24 16:12:23|Editor: xuxin
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KUALA LUMPUR, May 24 (Xinhua) -- Malaysia's central bank, Bank Negara, said on Friday that its international reserves stood at 102.8 billion U.S. dollars as of May 15.

The reserves were 0.58 percent lower when compared with 103.4 billion U.S. dollars as of April 30.

The central bank said in a statement that the reserves position is sufficient to finance 7.4 months of retained imports, and it is 1.1 times of its total short-term external debt.

The international reserves are consisted of 96.6 billion U.S. dollars in foreign currency reserves, 1.1 billion U.S. dollars in International Monetary Fund Reserves Position, 1.1 billion U.S. dollars in Special Drawing Rights, 1.6 billion U.S. dollars in gold and 2.4 billion U.S. dollars in other reserves assets.

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