THE international reserves of Bank Negara Malaysia (BNM) increased to US$111.8 billion (RM511.8 billion) as of July 14, compared with US$111.4 billion on June 30. 

The central bank said in a statement today the position is sufficient to finance 5.1 months of imports of goods and services, and is one time the total short-term external debt.

The main components of the international reserves are foreign currency reserves (US$99.2 billion), International Monetary Fund reserves (US$1.4 billion), special drawing rights (SDRs) (US$5.7 billion), gold (US$2.4 billion) and other reserve assets (US$3.1 billion).

Total assets stood at RM623.19 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM524.02 billion), Malaysian government papers (RM12.58 billion), loans and advances (RM23.63 billion), land and buildings (RM4.14 billion) and other assets (RM58.8 billion). 

BNM said capital and liabilities comprised paid-up capital (RM100 million), reserves (RM184.34 billion), currency in circulation (RM160.22 billion), deposits by financial institutions (RM169.28 billion), federal government deposits (RM10 billion), other deposits (RM37.84 billion), BNM papers (RM26.91 billion), SDR allocation (RM29.95 billion), and other liabilities (RM4.52 billion). – Bernama, July 24, 2023.