BNM’s international reserves at US$110.8 bil as of April 30

Business & Finance
7 May 2021 • 4:30 PM MYT
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KUALA LUMPUR – Bank Negara Malaysia’s (BNM) international reserves amounted to US$110.8 billion (RM456.16 billion) as at April 30.

In a statement today, it said the reserves position was sufficient to finance 8.7 months of retained imports and was 1.3 times total short-term external debt.

The central bank said the main components of the international reserves were foreign currency reserves (US$102.9 billion), International Monetary Fund reserves position (US$1.5 billion), Special Drawing Rights (SDRs) (US$1.2 billion), gold (US$2.1 billion), and other reserve assets (US$3.1 billion).

The assets comprised gold and foreign exchange and other reserves including SDRs amounting to RM459.67 billion, Malaysian government papers (RM11.43 billion), deposits with financial institutions (RM3.42 billion), loans and advances (RM19.57 billion), land and buildings (RM4.16 billion), and other assets (RM15.99 billion).

The central bank added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM175.13 billion), currency in circulation (RM142.49 billion), deposits by financial institutions (RM150.52 billion), federal government deposits (RM7.69 billion), other deposits (RM15.20 billion), Bank Negara papers (RM9.49 billion), allocation of SDRs (RM7.91 billion), and other liabilities (RM5.73 billion). – Bernama, May 7, 2021

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