BNM's International Reserves At US$119.6 Bln As At Oct 15, 2024
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia’s international reserves stood at US$119.6 billion (US$1=RM4.30) as at Oct 15, 2024, compared to US$119.7 billion on Sept 30, 2024.
The reserves position was sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times the total short-term external debt, Bank Negara Malaysia (BNM) said in a statement today.
The main components of the reserves were foreign currency reserves (US$106.6 billion), followed by International Monetary Fund reserves position (US$1.3 billion), special drawing rights (SDRs) (US$5.9 billion), gold (US$3.3 billion) and other reserve assets (US$2.5 billion).
Total assets amounted to RM596.87 billion, comprising gold and foreign exchange reserves, including SDRs (RM491.64 billion), Malaysian government papers (RM12.81 billion), deposits with financial institutions (RM4.53 billion), loans and advances (RM25.65 billion), land and buildings (RM4.11 billion) and other assets (RM58.14 billion).
BNM said total capital and liabilities amounted to RM596.87 billion, comprising paid-up capital (RM100 million), reserves (RM177.39 billion), currency in circulation (RM165.20 billion), deposits by financial institutions (RM138.12 billion), federal government deposits (RM8.45 billion), other deposits (RM65.19 billion), Bank Negara papers (RM12.22 billion), allocation of SDRs (RM27.22 billion), and other liabilities (RM2.98 billion).
-- BERNAMA