BNM’s international reserves remain at US$103.2 bil

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves remained unchanged for three straight periods at US$103.2 bil (RM429.5 bil) as at Nov 29 from Oct 31.

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

BNM said the main components of the international reserves comprised foreign currency reserves at US$96.8 bil, International Monetary Fund reserves position (US$1.1 bil), Special Drawing Rights (SDRs) (US$1.1 bil), gold (US$1.9 bil) and other reserve assets (US$2.3 bil).

It said assets included gold and foreign exchange and other reserves, including SDRs, which amounted to RM432 bil, Malaysian government papers (RM1.98 bil), loans and advances (RM7 bil), land and buildings (RM4.16 bil), and other assets (RM10.22 bil).

Capital and liabilities comprised paid-up capital (RM100 mil), reserves (RM144.96 bil), currency in circulation (RM110.46 bil), deposits by financial institutions (RM158.52 bil), federal government deposits (RM10.93 bil), other deposits (RM2.05 bil), Bank Negara papers (RM18.46 bil), allocation of SDRs (RM7.68 bil), and other liabilities (RM2.2 bil). – Bernama

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