KUALA LUMPUR, Oct 22 — Bank Negara Malaysia’s (BNM) international reserves was slightly up at US$105.2 billion (RM436billion)( as at October 15, 2020 compared with US$105.0 billion (RM435.2billion) as at September 30, 2020.
In a statement today, BNM said the reserves position is sufficient to finance 8.4 months of retained imports and is 1.1 times the total short-term external debt.
The main components of the international reserves were foreign currency reserves (US$96 billion or RM397.9billion Malaysian Ringgit), International Monetary Fund reserves position (US$1.4 billion or RM5.8billion), Special Drawing Rights (SDRs US$1.2 billion or RM4.97billion), gold (US$2.3 billion or RM9.5billion), and other reserve assets (US$4.3 billion or RM17.8billion).
The assets comprised gold and foreign exchange and other reserves, including SDRs amounting to RM437.22 billion; Malaysian government papers (RM11 billion); deposits with financial institutions (RM6.58 billion); loans and advances (RM17.15 billion); land and buildings (RM4.17 billion); and other assets (RM14.56 billion).
The central bank added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM172.47 billion), currency in circulation (RM126.29 billion), deposits with financial institutions (RM143.72 billion), federal government deposits (RM9 billion), other deposits (RM12.65 billion), Bank Negara papers (RM14.92 billion), allocation of SDRs (RM7.86 billion) and other liabilities (RM3.68 billion).
— Bernama
