Selangor Journal

BNM’s international reserves at RM441.4 billion as at March 31

KUALA LUMPUR, April 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to RM441.4 billion as at March 31, 2020.

“The reserves position is sufficient to finance 7.7 months of retained imports and is 1.1 times total short-term external debt,” the central bank said in a statement here today.

The international reserves stood at RM447 billion as at March 13, 2020.

BNM said the main components of the international reserves (as at March 31, 2020) comprised foreign currency reserves at RM413.6 billion, International Monetary Fund reserves position (RM4.77 billion), Special Drawing Rights (SDRs) (RM4.77 billion), gold (RM8.68 billion), and other reserve assets (RM9.55 billion).

It said assets included gold and foreign exchange and other reserves including SDRs, which amounted to RM440.12 billion, Malaysian government papers (RM2.69 billion), loans and advances (RM6.83 billion), land and buildings (RM4.16 billion), and other assets (RM20.79 billion).

Capital and liabilities comprised paid-up capital (RM100 million), reserves (RM160.96 billion), currency in circulation (RM116.39 billion), deposits with financial institutions (RM151.45 million), federal government deposits (RM8.71 billion), other deposits (RM2.66 billion), Bank Negara papers (RM22.87 billion), allocation of SDRs (RM7.87 billion), and other liabilities (RM3.59 billion).

— Bernama

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