KUALA LUMPUR: Bank Negara international reserves rose to US$102.2bil as at Dec 15, 2017, from US$101.9bil on Nov 30, 2017.The central bank said on Friday its reserves, in ringgit terms, rose to RM431.6bil from RM430.4bil as at end-November.It said the reserves position was sufficient to finance 7.5 months of retained imports and was 1.1 times the short-term external debt.The main components of the international reserves were foreign currency reserves (US$95.7bil), International Monetary Fund reserves position (US$800mil), Special Drawing Rights (US$1.2bil), gold (US$1.5bil) and other reserve assets (US$3bil).

Source: The Star December 22, 2017 07:07 UTC