BNM’s international reserves rise to US$111.3b as at Aug 13

by BERNAMA / Pic by MUHD AMIN NAHARUL

BANK Negara Malaysia’s (BNM) international reserves rose to US$111.3 billion (RM480.2 billion) as at Aug 13, 2021, from US$111.1 billion as at July 30, 2021.

In a statement today, the central bank said the reserves position is sufficient to finance 7.9 months of retained imports and is 1.2 times total short-term external debt.

BNM said the main components of the international reserves were foreign currency reserves (US$102.3 billion), International Monetary Fund reserves position (US$1.4 billion), special drawing rights (SDRs) (US$1.2 billion), gold (US$2.2 billion), and other reserve assets (US$4.2 billion).

Assets comprising gold, foreign exchange and other reserves, including SDRs, amounted to RM462.65 billion, Malaysian government papers (RM11.22 billion), deposits with financial institutions (RM727.36 million), loans and advances (RM20.35 billion), land and buildings (RM4.16 billion), and other assets (RM15.79 billion).

Capital and liabilities comprising paid-up capital amounted to RM100 million, reserves (RM184.86 billion), currency in circulation (RM143.72 billion), deposits by financial institutions (RM138.77 billion), federal government deposits (RM20.11 billion), other deposits (RM5.86 billion), Bank Negara papers (RM8.50 billion), allocation of SDRs (RM7.98 billion), and other liabilities (RM5.0 billion).

RELATED ARTICLES

Thursday, March 28, 2019

SMEs are now able to secure financing

Tuesday, September 6, 2022

Ringgit falls against US dollar at close

Wednesday, April 24, 2019

Malaysian financial markets still strong

Friday, February 28, 2020

Making it rain