Bank Negara Malaysia’s (BNM) international reserves amounted to US$103.4 billion as at April 30, 2019 from US$103.5 billion as at April 15, 2019.
The central bank in a statement today said the reserves position would be sufficient to finance 7.4 months of retained imports and was 1.0 times the short-term external debt.
The main components of the international reserves comprised foreign currency reserves at US$97.3 billion, International Monetary Fund reserves position (US$1.1 billion), Special Drawing Rights (SDRs) (US$1.1 billion), gold (US$1.6 billion) and other reserve assets (US$2.3 billion).
BNM’s assets were made up of gold and foreign exchange and other reserves, including SDRs which amounted to RM421.87 billion, Malaysian government papers (RM2.28 billion), loans and advances (RM7.12 billion), land and buildings (RM4.17 billion) and other assets (RM16.57 billion).
Its liabilities comprised paid-up capital (RM100 million), reserves (RM133.11 billion), currency in circulation (RM108.79 billion), deposits by financial institutions (RM174.17 billion), federal government deposits (RM8.90 billion), other deposits (RM941.52 million), BNM papers (RM17.41 billion), allocation of SDRs (RM7.62 billion), and other liabilities (RM2.25 billion).