KUALA LUMPUR, Dec 22 — The international reserves of Bank Negara Malaysia (BNM) expanded to US$124.3 billion as of December 15.
The central bank’s international reserves previously stood at US$124.1 billion on November 28, unchanged from October 31.
BNM said in a statement today that 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$109.9 billion), International Monetary Fund (IMF) reserves position (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),” it said.
Total assets amounted to RM610.57 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM523.37 billion), Malaysian government papers (RM13.42 billion), deposits with financial institutions (RM905.07 million), loans and advances (RM28.28 billion), land, buildings, and other fixed assets (RM4.57 billion), and other assets (RM40.02 billion).
“Total capital and liabilities amounted to RM610.57 billion, comprising paid-up capital (RM100 million), reserves (RM204.29 billion), currency in circulation (RM175 billion), deposits by financial institutions (RM110.97 billion), federal government deposits (RM13.84 billion), other deposits (RM65.55 billion), Bank Negara papers (RM9.34 billion), allocation of SDRs (RM27.88 billion), and other liabilities (RM3.61 billion),” BNM added.
