BNM’s international reserves at US$114 billion as at March 15, 2023

Business & Finance
22 Mar 2023 • 4:08 PM MYT
The Sun Daily
The Sun Daily

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KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$114.0 billion (US$1= RM4.47) as at March 15, 2023, and the reserves position is sufficient to finance five 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$101.7 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 RM614.08 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM500.06 billion), Malaysian government papers (RM12.29 billion), deposits with financial institutions (RM1.01 billion), loans and advances (RM23.77 billion), land and buildings (RM4.14 billion) and other assets (RM72.81 billion).

BNM added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM158.77 billion), currency in circulation (RM160.43 billion), deposits by financial institutions (RM209.32 billion), federal government deposits (RM7.52 billion), other deposits (RM37.93 billion), Bank Negara papers (RM7.87 billion), allocation of SDRs (RM28.21 billion) and other liabilities (RM3.92 billion). - Bernama

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