Malaysian foreign reserves at 103 bln USD

KUALA LUMPUR, Jan. 22 (Xinhua) -- Malaysia's central bank, Bank Negara, said Monday that its international reserves increased to 103 billion U.S. dollars as at January 15, from 102.4 billion U.S. dollars as of December 29, 2017.

The bank said in a statement, its reserves position is sufficient to finance 7.1 months of retained imports and is 1.1 times the short-term external debt.

The international reserves were consisted of 96.3 billion U.S. dollars in foreign currency reserves, 800 million U.S. dollars in International Monetary Fund Reserves Position, 1.2 billion U.S. dollars in Special Drawing Rights, 1.5 billion U.S. dollars in gold and 3.2 billion U.S. dollars in other reserves assets.