BNM's international reserves amount to US$94.9b

23 Mar 2017 / 00:06 H.

KUALA LUMPUR: Bank Negara Malaysia's (BNM) international reserves as at March 15, 2017 amounted to US$94.9 billion (equivalent to RM425.5 billion).
"The reserves position is sufficient to finance 8.3 months of retained imports and is 1.1 times the short-term external debt," BNM said in a statement today.
The main components of the international reserves were foreign currency reserves (US$88.3 billion), International Monetary Fund reserves position (US$0.8 billion), Special Drawing Rights (SDRs) (US$1.1 billion), gold (US$1.4 billion) and other reserve assets (US$3.3 billion).
The central bank's assets included gold and foreign exchange and other reserves including SDRs (RM425.537 billion), Malaysian government papers (RM5.041 billion), deposits with financial institutions (RM1.154 billion), loans and advances (RM7.810 billion), land and buildings (RM2.113 billion) and other assets (RM8.727 billion).
Its liabilities comprised paid-up capital (RM100 million), reserves (RM145.448 billion), currency in circulation (RM98.558 billion), deposits by federal institutions (RM176.323 billion), deposits by federal government (RM5.610 billion), other deposits (RM492.822 million), Bank Negara papers (RM9.477 billion), allocation of SDRs (RM8.118 billion) and other liabilities (RM6.255 billion). — Bernama

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