BNM international reserves at US$101.4b


Bank Negara Malaysia’s (BNM) international reserves amounted to US$101.4 billion (RM417.52 billion), as at Dec 31, 2018, unchanged from a fortnight ago.

BNM, in a statement yesterday, said the reserves position would be sufficient to finance 7.4 months of retained imports and was 1.0 times the short-term external debt.

“The reserves level has taken into account the quarterly adjustment for foreign-exchange (forex) revaluation changes,” it said.

The main components of the international reserves comprise foreign currency reserves at US$95.7 billion, International Monetary Fund reserves position (US$900 million), Special Drawing Rights (SDRs) (US$1.1 billion), gold (US$1.6 billion) and other reserve assets (US$2.1 billion).

BNM said assets include gold and forex and other reserves including SDRs which amounted to RM419.54 billion, Malaysian government papers (RM3.39 billion), deposits with financial institutions (RM132.03 million), loans and advances (RM6.87 billion), land and buildings (RM4.17 billion), and other assets (RM13.48 billion).

Liabilities comprise paid-up capital (RM100 million), reserves (RM131.51 billion), currency in circulation (RM106.41 billion), deposits by financial institutions (RM169.13 billion), federal government deposits (RM7.96 billion), other deposits (RM858.92 million), BNM papers (RM21.75 billion), allocation of SDRs (RM7.74 billion), and other liabilities (RM2.14 billion). — Bernama