BNM international reserves amounted to US$111.5b as at Sept 15, 2023

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BNM international reserves amounted to US$111.5b as at Sept 15, 2023
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KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$111.5 billion (US$1=RM4.6855) as at Sept 15, 2023 compared with US$11...

: Bank Negara Malaysia’s international reserves amounted to US$111.5 billion as at Sept 15, 2023 compared with US$112.2 billion as at Aug 15, 2023.

The central bank said in a statement today that the reserves position was sufficient to finance 5.2 months of imports of goods and services and was one time the total short-term external debt. The main components of the international reserves were foreign currency reserves , International Monetary Fund reserves position , special drawing rights , gold and other reserve assets .

Meanwhile, total assets stood at RM623.80 billion, comprising gold and foreign exchange and other reserves, including SDRs , Malaysian government papers , loans and advances , land and buildings and other assets . BNM said capital and liabilities comprised paid-up capital , reserves , currency in circulation , deposits by financial institutions , federal government deposits , other deposits , Bank Negara papers , allocation of SDRs and other liabilities . -

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