BNM's International Reserves Rise To US$118.3 Bln As At Nov 29, 2024
KUALA LUMPUR, Dec 6 (Bernama) -- Malaysia's international reserves stood at US$118.3 billion (US$1=RM4.41) as at Nov 29, 2024, compared to US$118.0 billion on Nov 15, 2024.
The reserves position was sufficient to finance 4.6 months of imports of goods and services and was 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$105.4 billion), the 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$2.4 billion).
Total assets amounted to RM595.77 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM486.23 billion), Malaysian government papers (RM12.81 billion), deposits with financial institutions (RM4.51 billion), loans and advances (RM26.08 billion), land and buildings (RM4.57 billion) and other assets (RM61.56 billion).
BNM said total capital and liabilities amounted to RM595.77 billion, comprising paid-up capital (RM100 million), reserves (RM177.49 billion), currency in circulation (RM165.58 billion), deposits by financial institutions (RM135.20 billion), federal government deposits (RM6.56 billion), other deposits (RM67.89 billion), Bank Negara papers (RM11.80 billion), allocation of SDRs (RM27.22 billion), and other liabilities (RM3.93 billion).
-- BERNAMA