KUALA LUMPUR: The international reserves of Bank Negara Malaysia (BNM) stood at RM405bil (equivalent to US$97.7bil) as at Sept 30, 2016 compared with RM392.5bil (equivalent to US$97.7bil) as at Sept 15, 2016.
In a statement, BNM said the increase in reserves in ringgit terms was mainly due to the quarterly adjustment for foreign exchange revaluation changes following the strengthening of other currencies against the ringgit during the third quarter.
“The reserves position is sufficient to finance 8.4 months of retained imports and is 1.2 times the short-term external debt,” it said.
The main components of the international reserves were foreign currency reserves (US$89.7bil), International Monetary Fund reserves position (US$0.8bil), Special Drawing Rights (SDRs) (US$1.2bil), gold (US$1.5bil) and other reserve assets (US$4.5bil).
The central bank’s assets included gold and foreign exchange and other reserves including SDRs (RM404.977bil), Malaysian government papers (RM1.643biln), deposits with financial institutions (RM2.162bil), loans and advances (RM7.657bil), land and buildings (RM2.114bil) and other assets (RM5.678bil).
Its liabilities comprised paid-up capital (RM100mil), reserves (RM123.214bil), currency in circulation (RM92.177bil), deposits by federal institutions (RM170.160bil), deposits by federal government (RM5.551bil), other deposits (RM916.756bil), Bank Negara papers (RM10.633bil), allocation of SDRs (RM7.759bil) and other liabilities (RM13.718bil).
