KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at US$111.5 billion (US$1 = RM4.6855) as at 15-Sept-2023, compared to US$112.2 billion as at 15-Aug-2023.

In today’s statement, the Central Bank noted that the balance of reserves was sufficient to finance 5.2 months of imports of goods and services and was once the total short-term external debt.

The main components of international reserves were foreign currency reserves ($98.9 billion), International Monetary Fund reserve balances ($1.4 billion), Special Drawing Rights (SDRs) ($5.7 billion), gold (2.4 billion USD) and other reserve assets. ($3.1 billion).

Meanwhile, total assets stood at RM623.80 billion including gold and foreign exchange and other reserves including SDRs (RM522.12 billion), Malaysian government securities (RM12.76 billion), loans and advances (RM23.82 billion RM), land and buildings (RM4.14 billion) and other assets (RM60.96 billion).

BNM said capital and liabilities comprised paid-up capital (RM100 million), reserves (RM178.88 billion), cash in circulation (RM157.86 billion), deposits from financial institutions (RM168.75 billion), deposits federal government (RM11). 93 billion), other deposits (RM37.58 billion), Bank Negara paper (RM34.08 billion), SDR allocation (RM29.96 billion) and other liabilities (RM4.68 billion). – Bernama