BANK Negara Malaysia’s international reserves amounted to US$109.2 billion as at June 15.

In a statement today, the central bank said the reserves position is sufficient to finance 5.5 months of imports of goods and services and is 1.1 times the total short-term external debt.

It said the main components of the international reserves were foreign currency reserves, which stood at US$109.2 billion as at June 15, as well as the International Monetary Fund reserve position (US$1.4 billion), special drawing rights (US$6.0 billion), gold (US$2.4 billion) and other reserve assets (US$3.1 billion).

Of the assets, it said gold, foreign exchange and other reserves, including SDRs, amounted to RM458.14 billion while Malaysian government papers made up RM12.59 billion, deposits with financial institutions (RM621.30 million), loans and advances (RM23.76 billion), land and buildings (RM4.14 billion) and other assets (RM21.68 billion).

It said capital and liabilities comprised paid-up capital (RM100 million), reserves (RM147.52 billion), currency in circulation (RM159.84 billion), deposits by financial institutions (RM158.43 billion), federal government deposits (RM11.67 billion), other deposits (RM5.26 billion), Bank Negara papers (RM5.26 billion), allocation of SDRs (RM28.12 billion) and other liabilities (RM4.41 billion). – Bernama, June 22, 2022.