Selangor Journal
Bank Negara Malaysia (BNM) headquarters in Kuala Lumpur. — Picture by REUTERS

BNM international reserves at US$113.4 bln as of April 15

KUALA LUMPUR, April 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$113.4 billion as of April 15, 2024, compared with US$113.8 billion as of March 29, 2024.

The central bank said the reserves position is sufficient to finance 5.6 months of imports of goods and services and is 1.0 times the total short-term external debt.

The main components of the reserves were foreign currency reserves, which stood at US$100.1 billion, International Monetary Fund reserves (US$1.4 billion), special drawing rights (SDRs) (US$5.7 billion), gold (US$2.8 billion), and other reserve assets (US$2.4 billion).

Total assets stood at RM630.93 billion, comprising gold, foreign exchange and other reserves, including SDRs (RM536.93 billion), Malaysian Government papers (RM12.99 billion), deposits with financial institutions (RM1.66 billion), loans and advances (RM24.53 billion), land and buildings (RM4.12 billion), and other assets (RM50.67 billion).

BNM said capital and liabilities comprised paid-up capital (RM100 million), reserves (RM192 billion), currency in circulation (RM172.25 billion), deposits by financial institutions (RM142.29 billion), Federal government deposits (RM6.09 billion) and other deposits (RM63.64 billion), Bank Negara papers (RM20.70 billion), SDRs allocation (RM30.21 billion), and other liabilities (RM3.62 billion).

— Bernama

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