BCN-17 Malaysia’s foreign reserves stand at 104.6 bln USD

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ZCZC

BCN-17

MALAYSIA-FOREIGN-RESERVE

Malaysia’s foreign reserves stand at 104.6 bln USD

KUALA LUMPUR, June 21, 2018 (BSS/Xinhua) – Malaysian central bank, Bank
Negara, said Friday that its international reserves stood at 104.6 billion
U.S. dollars as of July 13.

The reserves position is sufficient to finance 7.5 months of retained
imports and is 1.1 times the short-term external debt, the bank said in a
statement.

The international reserves consisted of 98 billion U.S. dollars in foreign
currency reserves, 900 million U.S. dollars in International Monetary Fund
Reserves Position, 1.2 billion U.S. dollars in Special Drawing Rights, 1.5
billion U.S. dollars in gold and 3 billion U.S. dollars in other reserves
assets.

BSS/XINHUA/HR/1042