BNM international reserves amounted to US$112.2bil as at Aug 15

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BNM international reserves amounted to US$112.2bil as at Aug 15
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KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$112.2 billion (US$1=RM4.647) as at Aug 15, 2023 compared with US$112.9 billion as at July 31, 2023.

In a statement today, the central bank said the reserves position was sufficient to finance 5.2 months of imports of goods and services and was one times 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 RM624.28 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 . - Bernama

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