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Malaysia's foreign reserves at 96.4 bln USD

By:Xinhua   Update:2016-12-09
KUALA LUMPUR, Dec. 7 (Xinhua) -- Malaysia's central bank, Bank Negara, said Wednesday that its international reserves amounted to 399.6 billion ringgit (96.4 billion U.S. dollars) as of Nov. 30.
 
The international reserves were consisted of 89.1 billion U.S. dollars in foreign currency reserves, 800 million U.S. dollars in International Monetary Fund (IMF) Reserves Position, 1.1 billion U.S. dollars in Special Drawing Rights (SDRs), 1.6 billion U.S. dollars in gold and 3.8 billion U.S. dollars in other reserves assets.
 
Its reserves position is sufficient to finance 8.3 months of retained imports and is 1.2 times the short-term external debt.