The international reserves of Bank Negara Malaysia amounted to USD127.9 billion as at 13 February 2026. The reserves position is sufficient to finance 4.7 months of imports of goods and services,^[1] and is 0.9 times^[2] the total short-term external debt.

^[1] Under the previous import coverage measure, reserves is sufficient to finance 5.8 months of retained imports of goods. For more information on the new indicator, please refer to the article on “Expansion of the Measure on Reserve Coverage of Imports – from Retained Imports to Imports of Goods and Services” in BNM’s Quarterly Bulletin for the Fourth Quarter of 2021 publication, page 27, which can be accessed at bnm.gov.my/-/quarterly-bulletin-4q-2021

^[2] The ratio comprises the latest available data on reserves (as at 13 February 2026) and short-term external debt (available as at 4Q 2025). As per normal practice, the short-term external debt is valued using the exchange rate as at 4Q 2025.