Friday, 23 June 2017

(The Star) International reserves at RM436.1bil

KUALA LUMPUR: Bank Negara international reserves amounted to US$98.7bil (equivalent to RM436.1bil) as at June 15, 2017 compared with US$98bil (RM433.3bil) as at May 31, 2017.

“The reserves position is sufficient to finance 8.2 months of retained imports and is 1.1 times the short-term external debt,” the central bank said in a statement.

The main components of the international reserves were foreign currency reserves (US$92.3bil), International Monetary Fund reserves position (US$800mil), Special Drawing Rights or SDRs (US$1.1bil), gold (US$1.5bil) and other reserve assets (US$3bil).

The central bank’s assets included gold and foreign exchange and other reserves including SDRs (RM436.076bil), Malaysian government papers (RM4.128bil), deposits with financial institutions (RM5.73bil), loans and advances (RM7.63bil), land and buildings (RM2.113bil) and other assets (RM7.316bil).

Its liabilities comprised paid-up capital (RM100mil), reserves (RM150.482bil), currency in circulation (RM104.274bil), deposits by financial institutions (RM175.744bil), deposits by federal government (RM11.346bil), other deposits (RM613.759mil), Bank Negara papers (RM7.759bil), allocation of SDRs (RM8.077bil) and other liabilities (RM4.597bil). — Bernama