business

BNM international reserves stands at US$100b as at Sept 15

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$100.8 billion as at September 15, 2017, compared with US$100.5 billion registered two weeks ago.

“The reserves position is sufficient to finance 7.7 months of retained imports and is 1.1 times the short-term external debt,” the central bank said in a statement today.

BNM said the main components of the international reserves were foreign currency reserves (US$94.3 billion), International Monetary Fund reserves position (US$0.8 billion), Special Drawing Rights (SDRs) (US$1.2 billion), gold (US$1.5 billion) and other reserve assets (US$3 billion).

The assets include gold and foreign exchange and other reserves, including SDRs (RM432.849 billion), Malaysian government papers (RM4.245 billion), deposits with financial institutions (RM10.544 billion), loans and advances (RM7.838 billion), land and buildings (RM2.113 billion) and other assets (RM7.375 billion).

Most Popular
Related Article
Says Stories