BNM’s International Reserves At US$119.6 Bln As At Oct 15, 2024


KUALA LUMPUR, Malaysia’s international reserves stood at US$119.6 billion (US$1=RM4.30) as at Oct 15, 2024, compared to US$119.7 billion on Sept 30, 2024.

The reserves position was sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times the total short-term external debt, Bank Negara Malaysia (BNM) said in a statement today.

The main components of the reserves were foreign currency reserves (US$106.6 billion), followed by International Monetary Fund reserves position (US$1.3 billion), special drawing rights (SDRs) (US$5.9 billion), gold (US$3.3 billion) and other reserve assets (US$2.5 billion).

Total assets amounted to RM596.87 billion, comprising gold and foreign exchange reserves, including SDRs (RM491.64 billion), Malaysian government papers (RM12.81 billion), deposits with financial institutions (RM4.53 billion), loans and advances (RM25.65 billion), land and buildings (RM4.11 billion) and other assets (RM58.14 billion).

BNM said total capital and liabilities amounted to R
M596.87 billion, comprising paid-up capital (RM100 million), reserves (RM177.39 billion), currency in circulation (RM165.20 billion), deposits by financial institutions (RM138.12 billion), federal government deposits (RM8.45 billion), other deposits (RM65.19 billion), Bank Negara papers (RM12.22 billion), allocation of SDRs (RM27.22 billion), and other liabilities (RM2.98 billion).

Source: BERNAMA News Agency

  • malaysiang

    Related Posts

    MATRADE Committed To Boosting Foreign Trade Through Budget 2025

    KUALA LUMPUR, The Malaysian External Trade Development Corporation (MATRADE) will continue as the country’s export promotion agency under Budget 2025 to help Malaysian companies to remain competitive in foreign markets.

    Chairman Datuk Seri Reezal Mer…

    Govt Allocation To Revitalise Rubber Plantations Supports Glove Industry Growth – MARGMA

    KUALA LUMPUR, The government’s allocation of RM20 million to revitalise idle private rubber plantations and RM60 million for latex production under the Rubber Industry Smallholders Development Authority (RISDA) are significant steps forward in support…