The international reserves of Bank Negara Malaysia amounted to RM410.5 billion (equivalent to USD95.6 billion) as at 29 February 2016. The reserves position is sufficient to finance 8.3 months of retained imports and is 1.2 times the short-term external debt [1].
[1]Refers to the redefined short-term external debt, which includes short-term offshore borrowing, non-resident holdings of short-term ringgit debt securities, non-resident deposits with the banking system and other short-term debt. For more information, please refer to the box article titled 'The Redefinition of External Debt' in the Quarterly Bulletin on Economic and Financial Developments in the Malaysian Economy in the First Quarter of 2014.