KUALA LUMPUR, Dec 6 — Malaysia’s international reserves stood at US$118.3 billion (RM523.2 billion) as of November 29, from US$118 billion on November 15.
The reserves position is sufficient to finance 4.6 months of imports of goods and services and is 0.9 times the total short-term external debt, Bank Negara Malaysia (BNM) said in a statement today.
The main components of the reserves were foreign currency reserves (US$105.4 billion), the International Monetary Fund reserves position (US$1.3 billion), special drawing rights (SDRs) (US$5.9 billion), gold (US$3.3 billion), and other reserve assets (US$2.4 billion).
Total assets amounted to RM595.77 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM486.23 billion), Malaysian government papers (RM12.81 billion), deposits with financial institutions (RM4.51 billion), loans and advances (RM26.08 billion), land and buildings (RM4.57 billion), and other assets (RM61.56 billion).
BNM said total capital and liabilities amounted to RM595.77 billion, comprising paid-up capital (RM100 million), reserves (RM177.49 billion), currency in circulation (RM165.58 billion), deposits by financial institutions (RM135.2 billion), federal government deposits (RM6.56 billion), other deposits (RM67.89 billion), Bank Negara papers (RM11.8 billion), allocation of SDRs (RM27.22 billion), and other liabilities (RM3.93 billion).
— Bernama
The post BNM international reserves rise to US$118.3 bln as of Nov 29 appeared first on Selangor Journal.
