KUALA LUMPUR, Jan 22 — Bank Negara Malaysia’s (BNM) international reserves stood at US$103 billion (RM405.4 billion) as at Jan 15, 2018, higher than the US$102.4 billion recorded as at Dec 29, 2017.

In a statement today, the central bank said the reserves position was sufficient to finance 7.1 months of retained imports and is 1.1 times the short-term external debt.

BNM said the main components of the international reserves were foreign currency reserves (US$96.3 billion), International Monetary Fund reserves position (US$0.8 billion), Special Drawing Rights (SDRs) (US$1.2 billion), gold (US$1.5 billion) and other reserve assets (US$3.2 billion).

The assets include gold and foreign exchange and other reserves, including SDRs (RM416.767 billion), Malaysian government papers (RM4.367 billion), deposits with financial institutions (RM8.065 billion), loans and advances (RM7.558 billion), land and buildings (RM4.179 billion), and other assets (RM10.472 billion). — Bernama