Kuala Lumpur: Bank Negara Malaysia (BNM)’s foreign exchange reserves increased from USD 110.3 billion recorded on 15 December 2022 to USD 114.6 billion (USD 1 = RM4.37) as of 30 December 2022 .
The central bank said in a statement today that reserve levels take into account changes in quarterly foreign exchange revaluations.
“The reserve position is sufficient to cover imports of goods and services for 5.2 months and is 1.0 times the total short-term external debt,” it said.
According to BNM, the main components of international reserves are foreign exchange reserves (US$102.6 billion), reserve positions in the International Monetary Fund (US$1.4 billion), special drawing rights (SDRs) (US$5.7 billion), gold ( 2.3 billion USD). Reserves (US$2.6 billion).
Assets include gold and foreign exchange and SDR (RM50.329 billion), Malaysian government documents (RM1.282 billion), deposits with financial institutions (RM294 million), loans (RM2.369 billion), land and buildings (RM4.14 billion) and other assets (RM7.206 billion).
The central bank’s capital and liabilities consist of paid-up capital (RM100 million), reserves (RM15.31 billion), currency in circulation (RM16.207 billion), deposits by financial institutions (RM22.189 billion) and federal government deposits. He added that there are. (RM5.22 billion), other deposits (RM3.729 billion), Bank Negara papers (RM665 billion), SDR allocation (RM28.21 billion), and other liabilities (RM4.40 billion). . – Bernama
