BNM’s international reserves at RM382.6b as at May 31

KUALA LUMPUR, June 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to RM382.6 billion (equivalent to US$97.3 billion) as at May 31.

In a statement today, BNM said the reserves position was sufficient to finance 8.0 months of retained imports and is 1.2 times the short-term external debt.

The central bank said the main components of the international reserves were foreign currency reserves (US$97.3 billion), International Monetary Fund position (US$89.6 billion), Special Drawing Rights (US$1.1 billion), gold (US$1.5 billion) and other reserve assets (US$4.3 billion).

The assets included Malaysian government papers (RM2.08 billion), deposits with financial institutions (RM1.89 billion), loans and advances (RM7.35 billion) and other assets (RM12.41 billion).

Capital and liabilities comprised paid-up capital (RM100 million), reserves (RM102.84 billion), currency in circulation (RM89.95 billion), deposits by financial institutions (RM157.45 billion), federal government deposits (RM13.95 billion), other deposits (RM998.32 million), BNM papers (RM15.39 billion), allocation of SDRs (RM7.37 billion) and other liabilities (RM20.39 billion).  — Bernama