Malaysia International Reserves Rise

4/22/2011

(RTTNews) - Malaysia's international reserves rose during the period from end-March to April 15, central bank data showed Friday.
Gross international reserves of Bank Negara Malaysia were $122.205 billion on April 15, up from $113.838 billion on March 31. The reserves position is sufficient to finance 9.8 months of retained imports and is 4.7 times the short-term external debt, the central bank said.
Foreign currency reserves grew to $110.8 billion from $102.3 billion. The IMF reserve position was unchanged at $0.7 billion and SDRs held steady at $2 billion. Gold reserves were also unchanged at $1.7 billion. Other reserve assets totaled $7 billion, down from $7.1 billion.