KUALA LUMPUR, Aug 7 ― Bank Negara Malaysia's (BNM) international reserves amounted to US$104.2 billion (RM436.86 billion) as at July 30, 2020, slightly higher compared with US$104.0 billion as at July 15, 2020.
In a statement today, the central bank said the reserves position is sufficient to finance 8.4 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$97.2 billion), International Monetary Fund reserves position (US$1.3 billion), Special Drawing Rights (SDRs) (US$1.1 billion), gold (US$2.2 billion), and other reserve assets (US$2.4 billion).
It said the assets comprised gold and foreign exchange and other reserves, including SDRs, amounted to RM446.36 billion; Malaysian government papers (RM10.46 billion); deposits with financial institutions (RM3.75 billion); loans and advances (RM16.37 billion); land and buildings (RM4.16 billion); and other assets (RM13.78 billion).
BNM added that capital and liabilities comprised paid-up capital (RM100 million), reserves (RM176.24 billion), currency in circulation (RM127.35 billion), deposits with financial institutions (RM130.38 billion), federal government deposits (RM19.24 billion), other deposits (RM16.22 billion), Bank Negara papers (RM12.69 billion), allocation of SDRs (RM7.93 billion), and other liabilities (RM4.74 billion). ― Bernama
https://www.malaymail.com/news/money/2020/08/07/bnms-international-resserves-at-us104.2b-as-at-july-30/1891845
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
icecool
as long as it doesn't reach US$90b everything will be fine
2020-08-07 21:35