Bank Negara int'l reserves slipped to US$102b as at Nov 30

KUALA LUMPUR (Dec 7): The international reserves of Bank Negara Malaysia (BNM) slipped 0.1% to US$102 billion as at Nov 30, 2018, from US$102.1 billion recorded as at Nov 15, 2018.

In a statement today, BNM said the reserves position is sufficient to finance 7.5 months of retained imports and is one times the short-term external debt.

Foreign currency, the biggest reserves portion, retreated to US$96.3 billion from US$96.4 billion previously, while the International Monetary Fund reserves position was unchanged at US$900 million.