Bank Negara’s international reserves at RM381b as at April 29

Bank Negara Malaysia,Kuala Lumpur. IRSYADI ISMAIL,THE STAR, 4 FEBRUARY 2016 Reporter Joseph Chin

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to RM381.4bil (equivalent to US$97.0bil) as at April 29, 2016.

In a statement, BNM said the reserves position was sufficient to finance 7.9 months of retained imports and was 1.1 times the short-term external debt.

The main components of the international reserves were foreign currency reserves (US$89.1bil), International Monetary Fund position (US$0.8bil), Special Drawing Rights (SDRs)(US$1.2bil), gold (US$1.4bil) and other reserve assets (US$4.5bil).

Its total assets stood at RM403.198bil.

The central bank assets included Malaysian government papers (RM2.049bil), deposits with financial institutions (RM1.783bil), loans and advances (RM7.252bil), land and buildings (RM2.113bil) and other assets (RM8.648bil).

Its liabilities comprised paid-up capital (RM100mil), reserves (RM102.424bil), currency in circulation (RM89.393bil), deposits by financial institutions (RM161.216bil), Federal Government deposits (RM8.617bil), other deposits (RM625.224mil), Bank Negara papers (RM19.343bil), allocation of SDR (RM7.370bil) and other liabilities (RM14.107bil). - Bernama