BANK NEGARA INTERNATIONAL RESERVES AT USD104.8 BLN AS AT SEPT 15, 2020

                      BNM International Reserves amounted USD104.8 billion as Sept 15, 2020

KUALA LUMPUR:  The international reserves of Bank Negara Malaysia (BNM) amounted to USD104.8 billion as at 15 September 2020, said the central Bank in a statement released Wednesday.

 It said the reserves position is sufficient to finance 8.7 months of retained imports and is 1.1 times total short-term external debt. 

BNM said the main components of the international reserves were foreign currency reserves (US$104.8 billion), International Monetary Fund reserves position (US$1.3 billion), Special Drawing Rights (US$1.1 billion), gold (US$2.2 billion), and other reserve assets (US$3.9 billion). 

According to the central bank, the assets comprised gold and foreign exchange and other reserves, including SDRs amounting to RM448.13 billion; Malaysian government papers (RM10.95 billion); deposits with financial institutions (RM7.0 billion); loans and advances (RM16.52 billion); land and buildings (RM4.17 billion); and other assets (RM15.44 billion). 

It added, capital and liabilities comprised of paid-up capital (RM100 million), reserves (RM177.75 billion), currency in circulation (RM126.18 billion), deposits with financial institutions (RM145.55 billion), federal government deposits (RM8.16 billion), other deposits (RM15.63 billion), Bank Negara papers (RM15.28 billion), allocation of SDRs (RM7.93 billion), and other liabilities (RM5.63 billion). 

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