Malaysia's international reserves posted 271.4 billion ringgit, equivalent to 72.0 billion US dollars as of December 15, taking the further declining trend since October, The country's central bank said on Thursday.

Yet this reserves position is sufficient to support 7.9 months of imports for the country and is also 6.4 times the short-term external debt, the Bank Negara Malaysia or Malaysia National Bank said in a press release.

The declines in international reserves in October and November were largely attributed to higher remittances arising from the usual year-end repatriation of profits and dividends, the bank said.

The net international reserves of the bank once hit 302.7 billion ringgit or equivalent to 80.3 billion US dollars as of September 30.

Source: Xinhua