CEO Morning Brief

BNM: Malaysia’s International Reserves Up 0.4% to US$113.3b as of May 15

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Publish date: Fri, 24 May 2024, 09:22 AM
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TheEdge CEO Morning Brief

KUALA LUMPUR (May 23): Malaysia’s international reserves rose 0.4% as of May 15 this year from a fortnight earlier, the central bank said on Thursday.

Foreign exchange reserves totalled US$113.3 billion compared to US$112.8 billion at the end of April, Bank Negara Malaysia (BNM) said in a statement.

The position is sufficient to finance 5.4 months of imports of goods and services, and is one time the total short-term external debt, it added.

BNM releases data on foreign exchange reserves every two weeks.

Source: TheEdge - 24 May 2024

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