Selangor Journal
A general view of Bank Negara Malaysia, Kuala Lumpur, on January 29, 2013. — Picture by REUTERS

BNM’s International Reserves at RM442.1 bln (US$103.4 bln) as at end-June

KUALA LUMPUR, July 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to RM442.1 billion (US$103.4 billion) as at June 30 compared with RM440 billion (US$102.9 billion) as at May 29.

In a statement today, BNM said the reserves position was sufficient to finance 8.3 months of retained imports and was 1.1 times total short-term external debt.

The central bank said the main components of the international reserves (as at June 30, 2020) were foreign currency reserves RM442.1 billion (US$103.4 billion), International Monetary Fund reserves position RM5.56 billion (US$1.3 billion), Special Drawing Rights (SDRs) RM4.7 billion (US$1.1 billion), gold RM9.41 billion (US$2.2 billion), and other reserve assets RM9.41 billion (US$2.2 billion).

It said the assets comprised gold and foreign exchange and other reserves, including SDRs, which amounted to RM443.09 billion; Malaysian government papers (RM10.47 billion); deposits with financial institutions (RM4.41 billion); loans and advances (RM16.41 billion); land and buildings (RM4.16 billion); and other assets (RM11.04 billion).

Capital and liabilities comprised paid-up capital (RM100 million), reserves (RM171.13 billion), currency in circulation (RM124.96 billion), deposits with financial institutions (RM140.62 billion), federal government deposits (RM15.97 billion), other deposits (RM12.49 billion), Bank Negara papers (RM13.46 billion), allocation of SDRs (RM7.93 billion), and other liabilities (RM2.91 billion).

— Bernama

 

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