Malaysia's International Reserves Amount to RM391.1 Bn

The international reserves of Bank Negara Malaysia amounted to RM391.1 billion (equivalent to USD97.3 billion) as at 29 July 2016. 
The reserves position is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt, the Bank said in a statement. 
The main components of the international reserves were foreign currency reserves (US$89.4 billion), International Monetary Fund reserves position (US$0.8 billion), Special Drawing Rights (SDR) (US$1.1 billion), gold (US$1.5 billion) and other reserve assets (US$4.5 billion). (QNA) Meanwhile, the Ministry of International Trade and Industry of Malaysia announced that it aimed to achieve RM1.5 trillion in Malaysia's total trade this year, supported by strong economic fundamentals, the diversified economic structure and the sufficient liquidity in the financial market. 
Malaysia's second Minister of International Trade and Industry Ong Ka Chuan said in remarks that trade has recorded a 1.2% increase to reach about RM700 billion during the period from January to June this year, compared to RM694 billion at the same period in the previous year.