Bank Negara's international reserves edge up to US$119.9bil
KUALA LUMPUR: Bank Negara's international reserves rose to US$119.9bil as at June 13 compared with US$119.6bil as at May 30.
'The reserves position is sufficient to finance 5.0 months of imports of goods and services, and is 0.9 times the total short-term external debt,' the central bank said in a statement.
The main components of the reserves were foreign currency reserves (US$106.7bil), the International Monetary Fund reserves position (US$1.3bil), special drawing rights (US$5.8bil), gold (US$3.8bil) and other reserve assets (US$2.3bil).
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