BNM’s international reserves at US$114.4 bln as of Feb 15, 2023

Business & Finance
22 Feb 2023 • 4:07 PM MYT
Media Selangor (EN)
Media Selangor (EN)

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KUALA LUMPUR, Feb 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$114.4 billion (RM507.9 billion) as of February 15, 2023, and the reserves position is sufficient to finance 5.0 months of imports of goods and services and is 1.0 time of the total short-term external debt.

In a statement today, the central bank said the main components of the international reserves were foreign currency reserves (US$102.1 billion), International Monetary Fund reserves position (US$1.4 billion), Special Drawing Rights (SDRs) (US$5.7 billion), gold (US$2.3 billion) and other reserve assets (US$2.9 billion).

Meanwhile, total assets stood at RM617.37 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM502.28 billion), Malaysian government papers (RM12.82 billion), deposits with financial institutions (RM1.44 billion), loans and advances (RM23.74 billion), land and buildings (RM4.14 billion) and other assets (RM72.96 billion).

BNM added that capital and liabilities comprised of paid-up capital (RM100 million), reserves (RM160.48 billion), currency in circulation (RM161.94 billion), deposits by financial institutions (RM208.75 billion), federal government deposits (RM10.41 billion), other deposits (RM36.91 billion), Bank Negara papers (RM6.17 billion), allocation of SDRs (RM28.21 billion) and other liabilities (RM4.38 billion).

— Bernama