BNM's international reserves amount to US$95.4b


KUALA LUMPUR: Bank Negara Malaysia's (BNM) international reserves as at March 31, 2017 amounted to US$95.4 billion (equivalent to RM422.2 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 today.

The main components of the international reserves were foreign currency reserves (US$88.7 billion), International Monetary Fund reserves position (US$0.8 billion), Special Drawing Rights (SDRs) (US$1.1 billion), gold (US$1.5 billion) and other reserve assets (US$3.3 billion).

The central bank's assets included gold and foreign exchange and other reserves including SDRs (RM422.156 billion), Malaysian government papers (RM5.966 billion), deposits with financial institutions (RM2.417 billion), loans and advances (RM7.808 billion), land and buildings (RM2.113 billion) and other assets (RM10.225 billion).

Its liabilities comprised paid-up capital (RM100 million), reserves (RM147.369 billion), currency in circulation (RM99.452 billion), deposits by federal institutions (RM176.109 billion), deposits by federal government (RM5.318 billion), other deposits (RM520.784 million), Bank Negara papers (RM9.488 billion), allocation of SDRs (RM8.077 billion) and other liabilities (RM4.25 billion).--BERNAMA