During this crisis, our foreign reserves had shown a declining trend. According to the graph above, the international reserves of Bank Negara Malaysia amounted to RM345.5 billion (equivalent to US$100.2 billion) as at 31 October 2008 and RM343.8 billion (equivalent to US$99.7 billion) as at 14 November 2008. The reserves position is sufficient to finance 8.1 months of retained imports and is 3.7 times the short-term external debt (BNM).