KUALA LUMPUR: Bank Negara’s international reserves rose to US$116.9bil as at Dec 31, 2021, against US$116.3bil as at Dec 15.

       The reserves level has taken into account the quarterly foreign exchange revaluation changes.

       “The reserves position is sufficient to finance 7.7 months of retained imports and is 1.2 times total short-term external debt,” Bank Negara said.

       The central bank said the main components of the international reserves were foreign currency reserves (US$104.1bil), IMF reserves position (US$1.4bil), special drawing rights (US$6bil), gold (US$2.3bil), and other reserve assets (US$3.1bil).