KUALA LUMPUR: Bank Negara Malaysia’s international reserves amounted to RM399.6 billion (equivalent to US$96.4 billion) as at November 30 this year.
The lower international reserves position reflected the liquidity support in the foreign exchange market, the central bank said in a statement today.
The reserves position is sufficient to finance 8.3 months of retained imports and is 1.2 times the short-term external debt.
The reserves previously stood at RM407.8 billion (equivalent to US$98.3 billion) as at Nov 15 compared to RM405.5 billion (equivalent to US$97.8 billion) as at Oct 31.