Business

BNM’s international reserves up to US$107 bil as at July 15

Enough to finance 5.7 months of goods and services, says central bank

Updated 4 years ago · Published on 22 Jul 2022 3:58PM

BNM’s international reserves up to US$107 bil as at July 15
Bank Negara Malaysia says the main components of the international reserves are foreign currency reserves (US$94.6 billion), International Monetary Fund reserves position (US$1.3 billion), special drawing rights (SDRs) (US$5.7 billion), gold (US$2.3 billion), and other reserve assets (US$3.1 billion). – The Vibes file pic, July 22, 2022

KUALA LUMPUR – Bank Negara Malaysia’s (BNM) international reserves amounted to US$107 billion (RM476.6 billion) as at July 15, 2022.

The reserves position is sufficient to finance 5.7 months of imports of goods and services and is 1.1 times the total short-term external debt, the central bank said in a statement today.

BNM said the main components of the international reserves were foreign currency reserves (US$94.6 billion), International Monetary Fund reserves position (US$1.3 billion), special drawing rights (SDRs) (US$5.7 billion), gold (US$2.3 billion), and other reserve assets (US$3.1 billion).

The assets comprised gold, foreign exchange, and other reserves including SDRs (RM471.04 billion), Malaysian government papers (RM12.12 billion), loans and advances (RM23.65 billion), land and buildings (RM4.14 billion) and other assets (RM29 billion).

Meanwhile, capital and liabilities comprised paid-up capital (RM100 million), reserves (RM161.23 billion), currency in circulation (RM159.71 billion), deposits by financial institutions (RM161.42 billion), federal government deposits (RM7.99 billion), other deposits (RM12.15 billion), Bank Negara papers (RM5.76 billion), allocation of SDRs (RM28.25 billion), and other liabilities (RM3.33 billion). – Bernama, July 22, 2022

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