BNM’s international reserves amount to US$94.9 billion
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves as at March 15, 2017 amounted to US$94.9 billion (equivalent to RM425.5 billion).
“The reserves position is sufficient to finance 8.3 months of retained imports and is 1.1 times the short-term external debt,” BNM said in a statement yesterday.
The main components of the international reserves were foreign currency reserves (US$88.3 billion), International Monetary Fund reserves position (US$0.8 billion), Special Drawing Rights (SDRs) (US$1.1 billion), gold ( US$ 1.4 billion) and other reserve assets (US$3.3 billion).
The central bank’s assets included gold and foreign exchange and other reserves including SDRs ( RM425.537 billion), Malaysian government papers ( RM5.041 billion), deposits with financial institutions (RM1.154 billion), loans and advances ( RM7.810 billion), land and buildings ( RM2.113 billion) and other assets (RM8.727 billion).
Its liabilities comprised paidup capital ( RM100 million), reserves ( RM145.448 billion), currency in circulation (RM98.558 billion), deposits by federal institutions (RM176.323 billion), deposits by federal government (RM5.610 billion), other deposits ( RM492.822 million), Bank Negara papers (RM9.477 billion), allocation of SDRs (RM8.118 billion) and other liabilities ( RM6.255 billion). — Bernama THE Malaysian Rubber market ended lower yesterday, in tandem with weaker regional rubber futures markets which suffered from a higher yen, a dealer said.
“Oil prices continued to fall as concerns over new supplies were overshadowed by talks by the Organisation of Petroleum