KUALA LUMPUR, Oct 7 — Bank Negara Malaysia’s (BNM) international reserves rose to US$123.6 billion as of September 30 from US$122.7 billion on August 29.
In a statement today, the central bank said the reserves position is sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times the total short-term external debt.
The main components of the reserves were foreign currency reserves (US$109.3 billion), the International Monetary Fund reserves (US$1.3 billion), special drawing rights (SDRs) (US$5.9 billion), gold (US$4.8 billion) and other reserve assets (US$2.3 billion).
Total assets amounted to RM625.06 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM520.9 billion), Malaysian government papers (RM13.42 billion), deposits with financial institutions (RM1.41 billion), loans and advances (RM27.81 billion), land and buildings (RM4.57 billion), and other assets (RM56.93 billion).
BNM said total capital and liabilities amounted to RM625.06 billion, comprising paid-up capital (RM100 million), reserves (RM200.9 billion), currency in circulation (RM172.05 billion), deposits by financial institutions (RM133 billion), federal government deposits (RM11.68 billion), other deposits (RM65.51 billion), Bank Negara papers (RM8.36 billion), allocation of SDRs (RM27.87 billion), and other liabilities (RM5.56 billion).
