Money
BNM’s international reserves in April at US109.5b
A general view of the Bank Negara Malaysia headquarters in Kuala Lumpur June 30, 2017. u00e2u20acu201d Picture by Yusof Mat Isa

KUALA LUMPUR, May 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$109.5 billion (RM431.4 billion) as at April 30, 2018 compared with US$110 billion as at April 13, 2018.

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). — Bernama

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