Business

Bank Negara’s international reserves at US$115.6 bil as at Oct 15

Position sufficient to finance 8.2 months of retained imports, is 1.3 times total short-term external debt

Updated 4 years ago · Published on 25 Oct 2021 6:30PM

Bank Negara’s international reserves at US$115.6 bil as at Oct 15
BNM says foreign currency reserves stood at US$101.9 billion. – Shutterstock pic, October 25, 2021

KUALA LUMPUR – Bank Negara Malaysia’s (BNM) international reserves stood at US$115.6 billion (RM 479.7 billion) as of Oct 15, 2021.

In a statement today, the central bank said the reserves position was sufficient to finance 8.2 months of retained imports and is 1.3 times total short-term external debt.

BNM said the main components of the international reserves were foreign currency reserves (US$101.9 billion), IMF reserves position (US$1.4 billion), special drawing rights (SDRs) (US$6.1 billion), gold (US$2.2 billion), and other reserve assets (US$4.0 billion).

Assets comprising gold, foreign exchange, and other reserves, including SDRs, amounted to RM484.16 billion, Malaysian government papers (RM12.36 billion), deposits with financial institutions (RM760.74 million), loans and advances (RM22.72 billion), land and buildings (RM4.16 billion), and other assets (RM16.07 billion).

Capital and liabilities comprising paid-up capital amounted to RM100 million, reserves (RM183.68 billion), currency in circulation (RM146.70 billion), deposits by financial institutions (RM153.46 billion), federal government deposits (RM9.33 billion), other deposits (RM5.53 billion), Bank Negara papers (RM7.12 billion), allocation of SDRs (RM28.47 billion), and other liabilities (RM5.86 billion). – Bernama, October 25, 2021

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