BNM’s international reserves at US$112.8 bln as at May 31

Business & Finance
8 Jun 2022 • 5:30 PM MYT
The Sun Daily
The Sun Daily

For the latest news and features from Malaysia and the rest of the world.

image is not available

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$112.8 billion as at May 31, 2022.

The central bank, in a statement today, said the reserves position is sufficient to finance 5.7 months of imports of goods and services and is 1.1 times of the total short-term external debt.

The main components of the international reserves were foreign currency reserves, which stood at US$100.3 billion as at May 31, as well as the International Monetary Fund reserve position (US$1.4 billion), special drawing rights (US$6.0 billion), gold (US$2.4 billion), and other reserve assets (US$2.7 billion). — Bernama

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved