Friday 29 Mar 2024
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KUALA LUMPUR (Dec 7): The international reserves of Bank Negara Malaysia (BNM) stood at US$109.7 billion (RM483.89 billion) as at Nov 30, 2022.

"The reserves position is sufficient to finance 5.3 months of imports of goods and services, and is one times total short-term external debt," the central bank said in a statement on Wednesday (Dec 7).

The latest reserves were up 2.04% from US$107.5 billion as at Nov 15, and have been trending higher since Oct 14’s reported figure of US$104.5 billion.

The increase was supported by a rise in foreign currency reserves to US$98.2 billion from US$95.8 billion on Nov 15.

Meanwhile, the central bank’s International Monetary Fund (IMF) reserves position remained unchanged at US$1.3 billion, as well as IMF-linked special drawing rights (US$5.5 billion) and gold (US$2.1 billion).

Other reserve assets, however, fell to US$2.6 billion, from US$2.8 billion.

As at Nov 30, BNM’s total assets stood at RM606.17 billion, up from RM598.26 billion on Nov 15.

Currency in circulation was stable at RM158.56 billion from RM158.58 billion. Deposits by financial institutions climbed to RM196.7 billion from RM195.75 billion, while deposits from the Federal Government rose to RM12.5 billion, from RM5.33 billion. 

Edited ByLam Jian Wyn
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