BNM’s international reserves stood at RM489b as at Dec 15

BANK Negara Malaysia’s (BNM) international reserves stood at US$110.3 billion (RM489.73 billion) as at Dec 15, 2022.

The reserves position is sufficient to finance 5.3 months of imports of goods and services and is 1.1 times of the total short-term external debt, BNM said in a statement today.

The latest reserves were marginally higher from US$109.7 billion as at Nov 30, 2022.

The main components of BNM’s international reserves included foreign currency reserves, which stood at US$98.5 billion, International Monetary Fund’s (IMF) reserves at US$1.3 billion and US$5.5 billion worth of IMF-linked special drawing rights (SDRs).

Other components such as gold were worth US$2.1 billion, while other reserve assets stood at US$2.9 billion. — TMR / pic TMR File