Selangor Journal
Bank Negara Malaysia. — File Picture by KAIHSU TAI

Bank Negara reserves at US$102 billion as at April 15

PUTRAJAYA, April 22 — The international reserves of Bank Negara Malaysia (BNM) amounted to US$102 billion as at April 15.

In a statement today, the central bank said the reserves position was sufficient to finance 7.9 months of retained imports and was 1.1 times the total short-term external debt.

BNM said the main components of the international reserves comprised foreign currency reserves (US$94.7 billion), International Monetary Fund reserves position (US$1.1 billion), special drawing rights (SDRs) (US$1.1 billion), gold (US$2.0 billion), and other reserve assets (US$3.1 billion).

Assets included gold, foreign exchange and other reserves, including SDRs, which amounted to RM441.47 billion, Malaysian government papers (RM9.02 billion), deposits with financial institutions (RM3.35 billion), loans and advances (RM6.88 billion), land and buildings (RM4.16 billion), and other assets (RM19.77 billion).

— Bernama

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