KUALA LUMPUR, Aug. 7 (Xinhua) -- Malaysia's central bank, Bank Negara, said Monday that its international reserves amounted to 99.4 billion U.S. dollars (equivalent to 427 billion ringgit) as of July 31.
The international reserves were 0.3 percent higher when compared with 99.1 billion U.S. dollars as of July 14.
The international reserves were consisted of 93 billion U.S. dollars in foreign currency reserves, 800 million U.S. dollars in International Monetary Fund Reserves Position, 1.1 billion U.S. dollars in Special Drawing Rights (SDRs), 1.5 billion U.S. dollars in gold and 3 billion U.S. dollars in other reserves assets.
The reserves position is sufficient to finance 7.9 months of retained imports and is 1.1 times the short-term external debt.
