KUALA LUMPUR: Bank Negara’s international reserves edged up to US$111.1bil (RM462.4bil) as at June 30 from US$111bil (RM462bil) as at June 15, 2021.

       In a statement, the central bank said the reserves position is sufficient to finance 8.2 months of retained imports and is 1.1 times total short-term external debt.

       It said the main components of the international reserves were foreign currency reserves (US$103.3bil or RM430bil), International Monetary Fund reserves position (US$1.4bil or RM5.8bil), special drawing rights (SDRs) (US$1.2bil or RM5bil), gold (US$2.2bil or RM9bil), and other reserve assets (US$3bil or RM12.5bil).

       The assets included gold and foreign exchange and other reserves, SDRs amounting to RM461.56bil and Malaysian government papers (RM11.43bil). — Bernama