KUALA LUMPUR, Malaysia Bank Negara Malaysia’s (BNM) international reserves amounted to US$109.5 billion as at April 30, 2018 compared with US$110 billion as at April 13, 2018. (BNM is Malaysia’s central bank)
In a statement today, the central bank said, the reserves position was sufficient to finance 7.5 months of retained imports and was 1.1 times the short-term external debt.
The main components of the international reserves were foreign currency reserves (US$102.9 billion), International Monetary Fund reserves position (US$0.8 billion), special drawing rights (SDRs) (US$1.2 billion), gold (US$1.6 billion) and other reserve assets (US$3 billion).
BNM said the assets included gold and foreign exchange and other reserves, including SDRs (RM423.06 billion), Malaysian government papers (RM4.33 billion), deposits with financial institutions (RM2.17 billion), loans and advances (RM7.36 billion), land and buildings (RM4.17 billion), and other assets (RM8.11 billion).–NNN-BERNAMA
Source: NAM News Network