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Malaysia's international reserves at US$108.5bln as at Oct 31 — BNM

7 Nov 2023, 10:56 AM
Malaysia's international reserves at US$108.5bln as at Oct 31 — BNM

KUALA LUMPUR, Nov 7 — Bank Negara Malaysia's (BNM) international reserves amounted to US$108.5 billion as at Oct 31, 2023.

The central bank said the reserves position is sufficient to finance 5.1 months of goods and services imports and is 1.0 time the total short-term external debt.

The main components of the international reserves are foreign currency reserves at US$96.5 billion, International Monetary Fund reserves position at US$1.3 billion, special drawing rights (SDRs) at US$5.7 billion, gold at US$2.3 billion and other reserve assets at US$2.7 billion.

Total assets stood at RM610.34 billion, comprising gold and foreign exchange and other reserves, including SDRs at RM509.36 billion, Malaysian government papers at  RM13.01 billion, loans and advances at RM23.99 billion, land and buildings at RM4.14 billion and other assets at RM59.84 billion.

BNM said capital and liabilities comprised paid-up capital of RM100 million, reserves pf RM165.01 billion, currency in circulation at RM158.20 billion, deposits by financial institutions at RM172.78 billion, federal government deposits of RM4.61 billion, other deposits at RM37.87 billion, Bank Negara papers at RM36.76 billion, allocation of SDRs of RM29.85 billion and other liabilities at RM5.16 billion.

— Bernama

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