ECONOMY

BNM international reserves RM425.5 billion

22 Mar 2017, 8:48 AM
BNM international reserves RM425.5 billion

KUALA LUMPUR, MAR 22: Bank Negara Malaysia’s (BNM) international reserve as of last March 15 was USD94.9 billion (RM425.5 billion).

“The reserve level is sufficient to finance retained imports for 8.3 months and 1.1 times short-term external debts,” said BNM in a statement today.

The main components of international reserves are foreign currency reserves (USD88.3 billion), International Monetary Fund reserves (USD0.8 billion), Special Drawing Rights (SDR) (USD1.1 billion), gold (USD1.4 billion) and other asset reserves (USD3.3 billion).

The central bank’s assets include gold and foreign exchange as well as other reserves including SDR (RM425.537 billion), Malaysian government papers (RM5.041 billion), deposits with financial institutions (RM1.154 billiob), loans and advances (RM7.810 billion), land and buildings (RM2.113 billion) and other assets (RM8.727 billion).

Its liabilities consists of paid-up capital (RM100 million), reserves (RM145.448 billion), currency in circulation (RM98.558 billion), deposits by federal institutions (RM176.323 billion), deposit by federal government (RM5.610 billion), deposit by others (RM492.822 million), Bank Negara Papers (RM9.477 billion), Allocation of SDR (RM8.118 billion) and other liabilities (RM6.255 billion).

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