BNM'S INTERNATIONAL RESERVES RISE TO US$110.9 BLN AS AT MAY 31
KUALA LUMPUR, June 8 -- Bank Negara Malaysia’s (BNM) international reserves stood at US$110.9 billion as at May 31, 2021, up from US$110.6 billion as at May 12.
In a statement today, it said the reserves position is sufficient to finance 8.4 months of retained imports and is 1.1 times total short-term external debt.
The central bank said the main components of the international reserves were foreign currency reserves (US$103.2 billion), International Monetary Fund reserves position (US$1.4 billion), special drawing rights (SDRs) (US$1.2 billion), gold (US$2.1 billion) and other reserve assets (US$3.0 billion).
The assets comprised gold and foreign exchange and other reserves, including SDRs amounting to RM460.65 billion, Malaysian government papers (RM11.43 billion), deposits with financial institutions (RM3.63 billion), loans and advances (RM19.86 billion), land and buildings (RM4.16 billion) and other assets (RM15.69 billion).
The central bank added that capital and liabilities comprised paid-up capital (RM100.0 million), reserves (RM177.10 billion), currency in circulation (RM142.77 billion), deposits by financial institutions (RM145.50 billion), federal government deposits (RM14.95 billion), other deposits (RM11.44 billion), Bank Negara papers (RM10.32 billion), allocation of SDRs (RM7.91 billion) and other liabilities (RM5.37 billion).
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 IFLIX channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
