Malaysia's central bank, Bank Negara, said on Thursday that its international reserves stood at 102.4 billion U.S. dollars as of Feb. 28.

The reserves were marginally higher when compared with 102.3 billion U.S. dollars as of Feb. 15.

The central bank said in a statement that the reserves position is sufficient to finance 7.4 months of retained imports and is one time the short-term external debt.

The international reserves are consisted of 96.5 billion U.S. dollars in foreign currency reserves, 900 million U.S. dollars in International Monetary Fund Reserves Position, 1.1 billion U.S. dollars in Special Drawing Rights, 1.6 billion U.S. dollars in gold and 2.3 billion U.S. dollars in other reserves assets.