KUALA LUMPUR (July 23): The international reserves of Bank Negara Malaysia remained unchanged at US$111.1 billion as at July 15 compared with June 30.
In a statement today, the central bank said the reserves position is sufficient to finance 8.0 months of retained imports and is 1.1 times total short-term external debt.
The main components of the international reserves were foreign currency reserves (US$102.2 billion), International Monetary Fund reserves position (US$1.4 billion), special drawing rights (SDRs) (US$1.2 billion), gold (US$2.2 billion) and other reserve assets (US$4.1 billion).
The assets comprised gold and foreign exchange and other reserves, including SDRs amounting to RM461.82 billion, Malaysian government papers (RM11.22 billion), deposits with financial institutions (RM1.36 billion), loans and advances (RM20.47 billion), land and buildings (RM4.16 billion), and other assets (RM16.29 billion).
Bank Negara added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM183.26 billion), currency in circulation (RM142.79 billion), deposits by financial institutions (RM144.37 billion), federal government deposits (RM12.79 billion), other deposits (RM9.78 billion), Bank Negara papers (RM9.14 billion), allocation of SDRs (RM7.98 billion), and other liabilities (RM5.14 billion).