International Reserves of Bank Negara Malaysia as at 30 August 2018Ref No : 09/18/03 06 Sep 2018 Embargo : Not for publication or broadcast before 1500 hours on Thursday 06 September 2018
The international reserves of Bank Negara Malaysia amounted to USD104.4 billion as at 30 August 2018. The reserves position is sufficient to finance 7.5 months of retained imports and is 0.9 times the short-term external debt.
The short-term external debt is mostly accounted by banking institutions, reflecting the centralisation of liquidity management of Malaysian banks operating in the region and the sizeable presence of foreign banks in Malaysia. These institutions hold substantial external assets, which can be drawn upon to meet their external obligations without creating a claim on Bank Negara Malaysia’s international reserves.
Bank Negara Malaysia
06 Sep 2018
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