Selangor Journal

BNM’s international reserves widen to US$110.3 bln as of Dec 15

KUALA LUMPUR, Dec 22 — Bank Negara Malaysia’s (BNM) international reserves widened to US$110.3 billion (RM488.6 billion) as of December 15, 2022, from US$109.7 billion (RM485.9 billion) as of November 30, 2022.

In a statement today, the central bank said the reserves position is sufficient to finance 5.3 months of imports of goods and services and is 1.1 times of the total short-term external debt.

It said the main components of the international reserves were foreign currency reserves (US$98.5 billion), International Monetary Fund reserves position (US$1.3 billion or RM5.75 billion), Special Drawing Rights (SDRs) (US$5.5 billion or RM24.3 billion), gold (US$2.1 billion or RM9.3 billion) and other reserve assets (US$2.9 billion or RM12.8 billion).

The assets comprised gold and foreign exchange and other reserves, including SDRs (RM511.77 billion), Malaysian government papers (RM12.36 billion), loans and advances (RM23.66 billion), land and buildings (RM4.14 billion) and other assets (RM67.66 billion).

The central bank added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM166.89 billion), currency in circulation (RM159.27 billion), deposits by financial institutions (RM202.95 billion), federal government deposits (RM14.15 billion), other deposits (RM35.98 billion), Bank Negara papers (RM6.51 billion), allocation of SDRs (RM28.70 billion) and other liabilities (RM5.05 billion).

— Bernama

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