Bank Negara's international reserves rise to US$110.9bil as at Aug 15

KUALA LUMPUR: Financial institution Negara Malaysia’s (BNM) international reserves rose to US$110. 9 billion (US$1=RM4. 48) as of Aug 15, 2022, from US$109. 2 billion upon July 29, 2022.

The supplies position is sufficient to finance 5. five months of imports of goods and services, and is 1 . 1 times of the total short-term external debt, the central bank said in a declaration today.

BNM said the main aspects of the international supplies were foreign currency reserves (US$98. 5 billion), International Monetary Fund reserves position (US$1. 3 billion), particular drawing rights (SDRs) (US$5. 7 billion), gold (US$2. three or more billion) and other reserve assets (US$3. 1 billion).

The assets comprised gold, foreign exchange and other supplies including SDRs (RM488. 47 billion), Malaysian government papers (RM12. 12 billion), loans and advances (RM23. 62 billion), property and buildings (RM4. 14 billion) as well as other assets (RM33. 61 billion).

Meanwhile, capital and liabilities comprised paid-up funds (RM100 million), reserves (RM168. 77 billion), currency in blood circulation (RM157. 38 billion), deposits by finance institutions (RM173. 78 billion), federal government deposits (RM10. 22 billion), various other deposits (RM12. thirty-two billion), Bank Negara papers (RM7. 43 billion), allocation of SDRs (RM28. twenty five billion) and other financial obligations (RM3. 73 billion). – Bernama