Bank Negara Malaysia (BNM) in a statement today (Feb 22) said Malaysia’s international reserves saw a 0.5% increase as of February 15 compared to two weeks prior.
The latest foreign exchange reserves stood at US$115.4 billion (RM552.5 billion), up from US$114.8 billion recorded as of January 31, BNM reported.
This reserve position is deemed adequate, amounting to five-and-a-half months of imports of goods and services, and covering one time the total short-term external debt, the statement noted.
BNM regularly releases data on foreign exchange reserves every two weeks.
