KUALA LUMPUR – Bank Negara Malaysia's (BNM) international reserves amounted to US$104.9 billion (RM429.36 billion) as at November 13, compared with US$104.6 billion (RM428.13 billion) at the end of October.
In a statement today, BNM said the reserves position is sufficient to finance 8.6 months of retained imports and is 1.2 times total short-term external debt.
The central bank said the main components of the international reserves are foreign currency reserves at US$95.2 billion (RM389.65 billion), International Monetary Fund reserves at US$1.4 billion (RM5.73 billion), special drawing rights at US$1.2 billion (RM4.91 billion), gold at US$2.4 billion (RM9.82 billion) and other reserve assets at US$4.7 billion (RM19.24 billion).
The assets comprise gold, foreign exchange and other reserves, including special drawing rights amounting to RM435.95 billion; Malaysian government papers (RM10.98 billion); deposits with financial institutions (RM9.41 billion); loans and advances (RM17.41 billion); land and buildings (RM4.16 billion); and, other assets (RM13.66 billion).
The central bank added that capital and liabilities comprised paid-up capital (RM100 million); reserves (RM171.79 billion); currency in circulation (RM128.14 billion); deposits by financial institutions (RM144.09 billion), federal government deposits (RM12.32 billion), and other deposits (RM8.3 billion); Bank Negara papers (RM13.59 billion); allocation of special drawing rights (RM7.85 billion); and, other liabilities (RM5.36 billion). – Bernama, November 20, 2020
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