Bank Negara international reserves rise to US$107.8bil as at Jan 15

KUALA LUMPUR: Bank Negara's international reserves rose US$200mil to US$107.8 billion over a two-week period to Jan 15, 2021.

In a statement today, the central bank said the reserves position is sufficient to finance 8.7 months of retained imports and is 1.2 times total short-term external debt.

The central bank said the main components of the international reserves were foreign currency reserves (US$97.8bil), International Monetary Fund reserves position (US$1.4bil), Special Drawing Rights (SDRs) (US$1.2bil), gold (US$2.4bil), and other reserve assets (US$5bil).

The assets comprised gold and foreign exchange and other reserves, including SDRs amounting to RM433.12 billion, Malaysian government papers (RM11.14bil), deposits with financial institutions (RM2.94bil), loans and advances (RM17.53bil), land and buildings (RM4.16bil), and other assets (RM20.28bil).

The central bank added that capital and liabilities comprised paid-up capital (RM100mil), reserves (RM170.15bil), currency in circulation (RM134.02bil), deposits by financial institutions (RM134.56bil), federal government deposits (RM15.69bil), other deposits (RM12.86bil), Bank Negara papers (RM10.01bil), allocation of SDRs (RM7.79bil), and other liabilities (RM4.01bil).
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3


Did you find this article insightful?


100% readers found this article insightful

Next In Business News

Geely Auto and Volvo Cars to launch powertrain venture after merger scrapped
Malaysia Airlines to introduce digital travel health pass
Rising aluminium prices lift Press Metal profits�
AEON Malaysia registers RM41.4mil net profit in FY20
AirAsia takes RM320mil hit due to Japan unit bankruptcy
Destini, KTMB in joint venture targeting rail MRO services
DRB-Hicom makes a net profit of RM554mil in FY20
Sunway joins global push for climate-related financial disclosures
Vitrox to expand capacity as Q4 revenue surges to new high�
Strong demand for steel products powers Prestar’s earnings

Stories You'll Enjoy