Bank Negara reserves at US$102.8b
KUALA LUMPUR: Bank Negara Malaysia’s international reserves amounted to US$102.8 billion (RM427.3 billion) as at October 15, after taking into account valuation changes, compared with US$103 billion on September 28.
It said the reserves position was sufficient to finance 7.3 months of retained imports and was 0.9 times the short-term external debt.
The main components of the international reserves comprise foreign currency reserves at US$97 billion, International Monetary Fund reserves position (US$900 million), Special Drawing Rights or SDRs (US$1.1 billion), gold (US$1.5 billion) and other reserve assets (US$2.3 billion).
Bank Negara said assets included gold and foreign exchange and other reserves, including SDRs that amounted to RM426.07 billion, Malaysian government papers (RM3.39 billion), loans and advances (RM7.04 billion), land and buildings (RM4.18 billion), and other assets (RM7.54 billion).
Liabilities comprise paid-up capital (RM100 million), reserves (RM133.85 billion), currency in circulation (RM103 billion), deposits by financial institutions (RM167.90 billion), deposits by the Federal Government (RM10.28 billion), other deposits (RM685.88 billion), Bank Negara papers (RM21.81 billion), allocation of SDRs (RM7.77 billion) and other liabilities (RM2.79 billion).