Bank Negara’s foreign reserves at US$114 billion
Bank Negara Malaysia’s international reserves amounted to US$114.0 billion as at March 15. – The Malaysian Insight file pic, March 22, 2023.The reserves position is sufficient to finance five months of imports of goods and services, and is 1.0 time of the total short-term external debt.
In a statement today, the central bank said the main components of the international reserves were foreign currency reserves , International Monetary Fund reserves position , special drawing rights , gold and other reserve assets . Meanwhile, total assets stood at RM614.08 billion, comprising gold and foreign exchange and other reserves, including SDRs , Malaysian government papers , deposits with financial institutions , loans and advances , land and buildings and other assets .
BNM added that capital and liabilities comprised paid-up capital , reserves , currency in circulation , deposits by financial institutions , federal government deposits , other deposits , BNM papers , allocation of SDRs and other liabilities . – Bernama, March 22, 2023.
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