Business

BNM’s international reserves at US$110.8 bil as of April 30

Position sufficient to finance over 8 months of retained imports

Updated 5 years ago · Published on 07 May 2021 4:30PM

BNM’s international reserves at US$110.8 bil as of April 30
Bank Negara Malaysia says foreign currency reserves amounted to US$102.9 billion at the end of April. – The Vibes file pic, May 7, 2021

KUALA LUMPUR – Bank Negara Malaysia’s (BNM) international reserves amounted to US$110.8 billion (RM456.16 billion) as at April 30.

In a statement today, it said the reserves position was sufficient to finance 8.7 months of retained imports and was 1.3 times total short-term external debt.

The central bank said the main components of the international reserves were foreign currency reserves (US$102.9 billion), International Monetary Fund reserves position (US$1.5 billion), Special Drawing Rights (SDRs) (US$1.2 billion), gold (US$2.1 billion), and other reserve assets (US$3.1 billion).

The assets comprised gold and foreign exchange and other reserves including SDRs amounting to RM459.67 billion, Malaysian government papers (RM11.43 billion), deposits with financial institutions (RM3.42 billion), loans and advances (RM19.57 billion), land and buildings (RM4.16 billion), and other assets (RM15.99 billion).

The central bank added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM175.13 billion), currency in circulation (RM142.49 billion), deposits by financial institutions (RM150.52 billion), federal government deposits (RM7.69 billion), other deposits (RM15.20 billion), Bank Negara papers (RM9.49 billion), allocation of SDRs (RM7.91 billion), and other liabilities (RM5.73 billion). – Bernama, May 7, 2021

Related News

Malaysia / 3d

Malaysia’s K-shaped economy: Growth without shared prosperity?

World / 2w

Bangkok floods: The real pain starts when waters recede

Malaysia / 3w

Anutin’s first year: Restoring Thailand’s political status quo

Malaysia / 1mth

Northern Malaysia must prepare for the consequences of lower rainfall

Malaysia / 1mth

Tajikistan eyes bigger role for Malaysia in Central Asian market

Opinion / 1mth

Massive attacks in the Thai Deep South aimed at destroying the economy

Spotlight

Malaysia

Haze: MOH issues strict guidelines to ensure public health

Cocaine in shoes: Invited on vacation to Japan, only to end up as drug mules

Malaysia

PDRM awaits Philippine confirmation on alleged politician’s role in 521kg drug seizure

Malaysia

Elderly man dies after being beaten repeatedly

Malaysia

Preliminary report on helicopter crash in Long Lellang released; probe ongoing

Malaysia

‘Am I not the Tuanku?’ Tuanku Muhriz tells off Ismail Lasim (video)

By Alfian Z.M. Tahir

Malaysia

Donating to Najib: ‘One of the most foolish things I have seen’ – UM student

Malaysia

AKPS officer was seeking divorce before alleged killing, says brother

By Alfian Z.M. Tahir

You may be interested

Business

Oil prices top US$105 as Middle East supply risks mount

Business

Oil price surge threatens to raise Malaysia’s cost pressures as ringgit steadies

Business

Malaysia’s GDP growth slows to 5.3% in Q3 as mining contracts