KUALA LUMPUR: The international reserves of Bank Negara Malaysia amounted to US$103.6 billion as at December 31, 2019.
In a statement released today, the central bank said the reserves level had taken into account the quarterly foreign exchange revaluation changes.
“The reserves position is sufficient to finance 7.5 months of retained imports and is 1.1 times total short-term external debt,” it added.
Bank Negara said its foreign currency reserves stood at US$97.2 billion during the period, while the International Monetary Fund reserves remained at US$1.1 billion.
Its special drawing rights (SDRs) stood at US$1.1 billion, while gold reserves amounted to US$1.9 billion, while other reserve assets totalled US$2.3 billion.
Bank Negara’s assets, which included gold and foreign exchange and other reserves such as SDRs, amounted to RM424.12 billion.
Its capital and liabilities comprised paid-up capital (RM100 million), reserves (RM143.22 billion), currency in circulation (RM114.1 billion), deposits by financial institutions (RM163.92 billion), federal government deposits (RM3.57 billion), other deposits (RM542.98 million), Bank Negara papers (RM15.83 billion), allocation of SDRs (RM7.62 billion) and other liabilities (RM2.74 billion).