Malaysia's international reserves at RM382.6 billion ringgit

Bank Negara Malaysia's (BNM) international reserves amounted to RM382.6 billion (equivalent to US$97.3 billion) as at May 31.

    In a statement Tuesday, BNM said the reserves position was sufficient to finance 8.0 months of retained imports and is 1.2 times the short-term external debt.

    The central bank said the main components of the international reserves were foreign currency reserves (US$97.3 billion), International Monetary Fund position (US$89.6 billion), Special Drawing Rights (US$1.1 billion), gold (US$1.5 billion) and other reserve assets (US$4.3 billion).