Malaysia’s Central Bank’s International Reserves at US$104.8 Bln as at Sept 15, 2020

Malaysia’s Central Bank’s International Reserves at US$104.8 Bln as at Sept 15, 2020

KUALA LUMPUR, Sept 23 (Bernama) — Bank Negara Malaysia’s (BNM or Malaysia’s Central Bank) international reserves amounted to US$104.8 billion as at Sept 15, 2020.

In a statement today, BNM said the reserves position is sufficient to finance 8.7 months of retained imports and is 1.1 times the total short-term external debt.

It said the main components of the international reserves were foreign currency reserves (US$104.8 billion), International Monetary Fund reserves position (US$1.3 billion), Special Drawing Rights (US$1.1 billion), gold (US$2.2 billion), and other reserve assets (US$3.9 billion).

The assets comprised gold and foreign exchange and other reserves, including SDRs amounting to RM448.13 billion; Malaysian government papers (RM10.95 billion); deposits with financial institutions (RM7.0 billion); loans and advances (RM16.52 billion); land and buildings (RM4.17 billion); and other assets (RM15.44 billion).

The central bank added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM177.75 billion), currency in circulation (RM126.18 billion), deposits with financial institutions (RM145.55 billion), federal government deposits (RM8.16 billion), other deposits (RM15.63 billion), Bank Negara papers (RM15.28 billion), allocation of SDRs (RM7.93 billion), and other liabilities (RM5.63 billion). (US$1 = RM4.13)

— BERNAMA

administrator

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