KUALA LUMPUR: Bank Negara’s international reserves amounted to US$111.4bil as at May 13, down from US$112.5bil as at April 29.

       “The reserves position is sufficient to finance 5.6 months of imports of goods and services, and is 1.1 times of the total short-term external debt,” the central bank said in a statement.

       Bank Negara said the main components of the international reserves were foreign currency reserves (US$98.4bil), IMF reserves position (US$1.4bil), special drawing rights (US$6bil), gold (US$2.4bil), and other reserve assets (US$3.2bil).