BNM’s international reserves at US$113.4bil

BNM’s international reserves at US$113.4bil

The central bank says the reserves position is sufficient to finance 5.6 months of imports of goods and services.

The main component of BNM’s international reserves is the foreign currency reserves, valued at US$100.1 billion.
PETALING JAYA:
Bank Negara Malaysia’s (BNM) international reserves amounted to US$113.4 billion (RM542.52 billion) as at April 15, compared with US$113.8 billion (RM544.44 billion) as at March 29.

The central bank said the reserves position is sufficient to finance 5.6 months of imports of goods and services and is one time the total short-term external debt.

The main components of the reserves were foreign currency reserves which stood at US$100.1 billion (RM478.67 billion), International Monetary Fund reserves at US$1.4 billion (RM6.69 billion), special drawing rights (SDRs) at US$5.7 billion (RM27.25 billion), gold at US$2.8 billion (RM13.39 billion), and other reserve assets at US$2.4 billion (RM11.47 billion).

Total assets stood at RM630.93 billion comprising gold, foreign exchange, and other reserves including SDRs (RM536.93 billion), Malaysian government papers (RM12.99 billion), deposits with financial institutions (RM1.66 billion), loans and advances (RM24.53 billion), land and buildings (RM4.12 billion), and other assets (RM50.67 billion).

BNM said capital and liabilities comprised paid-up capital (RM100 million), reserves (RM192 billion), currency in circulation (RM172.25 billion), deposits by financial institutions (RM142.29 billion), federal government deposits (RM6.09 billion) and other deposits (RM63.64 billion), Bank Negara papers (RM20.7 billion), SDRs allocation (RM30.21 billion), and other liabilities (RM3.62 billion).

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