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Bank Negara reserves at US$104.2 billion as at Jan 31, 2020

KUALA LUMPUR, The international reserves of Bank Negara Malaysia amounted to US$104.2 billion as at Jan 31, 2020.

In a statement, the central bank said the reserves position was sufficient to finance 7.5 months of retained imports and was 1.1 times the total short-term external debt.

Bank Negara said the main components of the international reserves comprised foreign currency reserves (US$97.7 billion), International Monetary Fund reserves position (US$1.1 billion), special drawing rights (SDRs) (US$1.1 billion), gold (US$1.9 billion) and other reserve assets (US$2.4 billion).

Assets included gold, foreign exchange and other reserves including SDRs, which amounted to RM426.275 billion, Malaysian government papers (RM1.98 billion), deposits with financial institutions (RM1.86 billion), loans and advances (RM7.067 billion), land and buildings (RM4.161 billion) and other assets (RM9.607 billion).

Source: BERNAMA (News Agency)

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