Share
KUALA LUMPUR (June 11): Bank Negara Malaysia's (BNM) international reserves slipped RM500 million or 0.49% to US$102.3 billion as at May 31, from US$102.8 billion as at May 15.
The central bank said in a statement today that its reserves position is sufficient to finance 7.3 months of retained imports and is 1.1 time the total short-term external debt.
Foreign currency reserves fell to US$96.3 billion from US$96.6 billion, while International Monetary Fund reserves position and special depository rights were both unchanged at US$1.1 billion.
While gold remained at US$1.6 billion, other reserve assets slipped to US$2.2 billion from US$2.4 billion previously.
As at May 31, assets totalled dipped to RM444.73 billion from RM447.84 billion previously, while currency in circulation climbed to RM114.55 billion from RM109.66 billion.
TOP PICKS BY EDGEPROP
The MET Corporate Towers
Mont Kiara, Kuala Lumpur
Bandar Bukit Tinggi
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Bandar Bukit Tinggi
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Halo Sunday @ Empire City
Damansara Perdana, Selangor
Crown Tower @ Empire City
Petaling Jaya, Selangor
Taman Sains Selangor 1
Petaling Jaya, Selangor
