BANK Negara Malaysia’s (BNM) international reserves decreased to US$106.3 billion as of September 15, from US$108.2 billion on August 30.

In a statement today, the central bank said the reserves position is sufficient to finance 5.3 months of imports of goods and services and is 1.0 time the total short-term external debt.

BNM said the main components of the international reserves were foreign currency reserves (US$93.9 billion), International Monetary Fund reserves position (US$1.3 billion), special drawing rights (SDRs) (US$5.7 billion), gold (US$2.3 billion) and other reserve assets (US$3.1 billion).

The assets comprised gold, foreign exchange and other reserves including SDRs (RM467.81 billion), Malaysian government papers (RM12.12 billion), deposits with financial institutions (RM218.76 million) loans and advances (RM23.64 billion), land and buildings (RM4.14 billion) and other assets (RM41.33 billion).

Meanwhile, capital and liabilities comprised paid-up capital (RM100 million), reserves (RM157.28 billion), currency in circulation (RM157.44 billion), deposits by financial institutions (RM167.85 billion), federal government deposits (RM13.69 billion), other deposits (RM12.14 billion), Bank Negara papers (RM8.4 billion), allocation of SDRs (RM28.25 billion) and other liabilities (RM4.1 billion). – Bernama, September 23, 2022.