BNM international reserves rise to US$103.5b as at Apr 15

PETALING JAYA: Bank Negara Malaysia’s (BNM) international reserves increased 0.5% to US$103.5 billion (RM427.5 billion) as at April 15 from US$103 billion (RM425.4 billion) as at March 29.

The central bank said in a statement that the reserves position is sufficient to finance 7.7 months of retained imports and is 1.0 time total short-term external debt.