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Malaysia's BNM international reserves amount to $110 bln in April

Malaysia's Bank Negara Malaysia's (BNM) international reserves amounted to $110 billion on April 13, 2018 compared with $107.8 billion on March 30, 2018.

In a statement on Friday, the central bank said, the reserves position was sufficient to finance 7.7 months of retained imports and was 1.1 times the short-term external debt.

The main components of the international reserves were foreign currency reserves ($103.2 billion), International Monetary Fund reserves position ($0.8 billion), Special Drawing Rights (SDRs) ($1.2 billion), gold ($1.6 billion) and other reserve assets ($3.2 billion).

BNM said the assets included gold and foreign exchange and other reserves, including SDRs (RM425.00 billion), Malaysian government papers (RM3.99 billion), deposits with financial institutions (RM4.06 billion), loans and advances (RM7.38 billion), land and buildings (RM4.17 billion), and other assets (RM8.26 billion).

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