Thursday 28 Mar 2024
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KUALA LUMPUR (April 22): Bank Negara Malaysia's (BNM) international reserves stood at US$109.3 billion (about RM449.06 billion) as of April 15.

In a statement, the central bank said the reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times the country’s total short-term external debt.

Breaking down the reserves, BNM said that foreign currency reserves accounted for US$99.9 billion, while its International Monetary Fund (IMF) reserves position stood at US$1.4 billion. Meanwhile, Special Drawing Rights (SDRs) stood at US$1.2 billion.

Malaysia’s gold reserves amounted to US$2.1 billion, with other reserve assets standing at US$4.7 billion.

Total assets as of April 15 stood at RM506.77 billion. These included gold and foreign exchange (forex) and other reserves, such as SDRs (RM453.67 billion), Malaysian Government Papers (RM11.44 billion), deposits in financial institutions (RM1.45 billion), loans and advances (RM19.2 billion), land and buildings (RM4.16 billion), and other assets (RM16.85 billion).

Meanwhile, total liabilities stood at RM506.77 billion. These included paid-up capital (RM100 million), reserves (RM174.3 billion), currency in circulation (RM141.43 billion), deposits by financial institutions (RM142.46 billion), deposits by the federal government  (RM17.9 billion), other deposits (RM9.68 billion), Bank Negara Papers (RM7.84 billion), allocation for SDRs (RM7.91 billion) and other liabilities (RM5.15 billion).

Edited ByLam Jian Wyn
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