KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$113.4 billion (RM542.39 billion) as of 15 April 2024 compared with US$113.8 billion (RM544.3 billion) as of 29 March 2024.
The central bank said the reserves are sufficient to finance 5.6 months worth of imported goods and services and is 1 times the total short-term external debt.
The main components of the reserves were foreign currency which stood at US$100.1 billion (RM478.77 billion), International Monetary Fund Reserves at US$1.4 billion (RM6.69 billion), special drawing rights (SDRs) of US$5.7 billion (RM27.26 billion), gold at US$2.8 billion (RM13.39 billion) and other reserve assets at US$2.4 billion (RM11.47 billion).
Meanwhile, total assets stood at RM630.93 billion comprising gold, foreign exchange and other reserves including SDRs (RM536.93 billion), Malaysian government papers (RM12.99 billion), deposits with financial institutions (RM1.66 billion), loans and advances (RM24.53 billion), land and buildings (RM4.12 billion and other assets (RM50.67 billion).
According to BNM, capital and liabilities comprised paid-up capital (RM100 million), reserves (RM192 billion), currency in circulation (RM172.25 billion), deposits by financial institutions (RM142.29 billion), federal government deposits (RM6.09 billion) and other deposits (RM63.64 billion), BNM papers (RM20.70 billion), SDRs allocation (RM30.21 billion), and other liabilities (RM3.62 billion).
— BERNAMA
