Business

BNM international reserves at US$110.6 bil as of May 12

Position sufficient to finance 8.4 months of retained imports, says central bank

Updated 5 years ago · Published on 21 May 2021 7:45PM

BNM international reserves at US$110.6 bil as of May 12
Bank Negara Malaysia’s international reserves position, at RM458.27 billion, is 1.1 times the total short-term external debt. – Shutterstock pic, May 21, 2021

KUALA LUMPUR – Bank Negara Malaysia’s (BNM) international reserves stood at US$110.6 billion (RM458.27 billion) as of May 12, 2021.

In a statement today, it said the reserves position is sufficient to finance 8.4 months of retained imports, and is 1.1 times the total short-term external debt.

The central bank said the main components of the international reserves are foreign currency reserves (US$101.3 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$4.5 billion).

The assets comprise gold and foreign exchange and other reserves, including SDRs amounting to RM458.92 billion, Malaysian government papers (RM11.43 billion), deposits with financial institutions (RM2.80 billion), loans and advances (RM19.85 billion), land and buildings (RM4.16 billion) and other assets (RM15.84 billion).

The central bank added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM175.1 billion), currency in circulation (RM146.01 billion), deposits by financial institutions (RM147.82 billion), federal government deposits (RM11.71 billion), other deposits (RM9.63 billion), Bank Negara Malaysia papers (RM9.48 billion), allocation of SDRs (RM7.9 billion) and other liabilities (RM5.22 billion). – Bernama, May 21, 2021

Related News

Malaysia / 1y

Economy grew 5.9% in Q2, says Bank Negara

Business / 2y

Zero-cost transactions via DuitNow QR to stay for small businesses: BNM

Malaysia / 2y

Bank Negara to set up special anti-fraud website

Business / 2y

Bank Negara names Adnan Zaylani as deputy governor

Business / 2y

BNM, banks, agencies commit to fight rising online fraud

Malaysia / 2y

250,000 suspicious transaction reports received in 2022: BNM deputy governor

Spotlight

Malaysia

PM Anwar – ‘Rather a torn shirt, than …’ (video)

By Alfian Z.M. Tahir

Malaysia

After years of abandonment, Highland Towers to be demolished before year end

Malaysia

PH seat distribution finalised, PKR to contest 20 Johor PRN seats, 16 in Negeri

Malaysia

Rosmah Mansor denies viral allegations, lodges police report

Malaysia

Four arrested after maid abuse footage exposes alleged pattern of domestic worker mistreatment

Malaysia

Muhyiddin's 'congratulatory' message to Hamzah a fake

Malaysia

Hamzah Zainudin launches new political party, Parti Wawasan Negara

Malaysia

Disturbing video of alleged employers assaulting their helper goes viral (video)

You may be interested

Business

Singapore-based Galatek Technologies sets up production hub at Prai Industrial Estate

By Ian McIntyre