BNM international reserves dip 0.8% to US$103.1 billion as at August 15

PETALING JAYA: Bank Negara Malaysia’s (BNM) international reserves amounted US$103.1 billion (RM431.01 billion) as at August 15, 2019, 0.8% dip from US$103.9 billion recorded as at July 31, 2019.

The central bank said in a statement that the reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 time total short-term external debt.