BNM's international reserves at US$116.2bil as at Sept 15

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at US$116.2 billion as of Sept 15, 2021, compared to US$116.3 billion on Aug 30, 2021.

In a statement today, the central bank said the reserves position was sufficient to finance 8.1 months of retained imports and is 1.3 times total short-term external debt.

BNM said the main components of the international reserves were foreign currency reserves (US$102.4 billion), IMF reserves position (US$1.4 billion), special drawing rights (SDRs) (US$6.1 billion), gold (US$2.2 billion), and other reserve assets (US$4.1 billion).

Assets comprising gold, foreign exchange, and other reserves, including SDRs, amounted to RM483.27 billion, Malaysian government papers (RM11.33 billion), deposits with financial institutions (RM912.03 million), loans and advances (RM22.28 billion), land and buildings (RM4.16 billion), and other assets (RM15.93 billion).

Capital and liabilities comprising paid-up capital amounted to RM100 million, reserves (RM185.17 billion), currency in circulation (RM145.48 billion), deposits by financial institutions (RM141.95 billion), federal government deposits (RM15.85 billion), other deposits (RM8.72 billion), Bank Negara papers (RM7.04 billion), allocation of SDRs (RM28.84 billion), and other liabilities (RM4.72 billion). - Bernama