KUALA LUMPUR, Aug 22 — Bank Negara Malaysia’s (BNM) international reserves rose to US$110.9 billion (RM496.8 billion) as of August 15, 2022, from US$109.2 billion (RM489.2 billion) on July 29, 2022.
The reserves position is sufficient to finance 5.5 months of imports of goods and services and is 1.1 times the total short-term external debt, the central bank said in a statement today.
BNM said the main components of the international reserves were foreign currency reserves (US$98.5 billion or RM439.3 billion), International Monetary Fund reserves position (US$1.3 billion or RM5.8 billion), special drawing rights (SDRs) (US$5.7 billion or RM25.5 billion), gold (US$2.3 billion or RM10.3 billion) and other reserve assets (US$3.1 billion or RM13.8 billion)
The assets comprised gold, foreign exchange and other reserves including SDRs (RM488.47 billion), Malaysian government papers (RM12.12 billion), loans and advances (RM23.62 billion), land and buildings (RM4.14 billion) and other assets (RM33.61 billion).
Meanwhile, capital and liabilities comprised paid-up capital (RM100 million), reserves (RM168.77 billion), currency in circulation (RM157.38 billion), deposits by financial institutions (RM173.78 billion), federal government deposits (RM10.22 billion), other deposits (RM12.32 billion), Bank Negara papers (RM7.43 billion), allocation of SDRs (RM28.25 billion) and other liabilities (RM3.73 billion).
— Bernama
