Reserves position sufficient to finance 5.1 months of imports of goods and services, says central bank.
The reserves position amounts to one time the total short-term external debt, says Bank Negara Malaysia.
“The reserves position is sufficient to finance 5.1 months of imports of goods and services, and is one time the total short-term external debt,” said the central bank in a statement today. The other main components of the international reserves were unchanged, with the International Monetary Fund’s reserve position standing at US$1.4 billion, the Special Drawing Rights at US$5.7 billion and gold at US$2.3 billion.
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