Bank Negara’s international reserves up to $116.7b as of November 30

08-Dec-2021 Intellasia | Bernama | 5:02 AM Print This Post

Bank Negara Malaysia’s (BNM) international reserves expanded to $116.7 billion as at November 30, 2021 from $116.5 billion as at November 15, 2021.

In a statement today, the central bank said the reserves position is sufficient to finance eight 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$103.9 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$3.1 billion).

Assets comprising gold, foreign exchange and other reserves including SDRs, amounted to RM488.98 billion, Malaysian government papers (RM12.21 billion), deposits with financial institutions (RM629.64 million), loans and advances (RM22.08 billion), land and buildings (RM4.16 billion), and other assets (RM15.84 billion).

Capital and liabilities comprising paid-up capital amounted to RM100 million, reserves (RM187.85 billion), currency in circulation (RM146.94 billion), deposits by financial institutions (RM157.31 billion), federal government deposits (RM4.62 billion), other deposits (RM5.61 billion), Bank Negara papers (RM7.95 billion), allocation of SDRs (RM28.47 billion) and other liabilities (RM5.06 billion).


Category: Malaysia

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