BNM: As of September 29, 2023, Malaysia’s foreign reserves were $110.1 billion.
KUALA LUMPUR: As of September 29, 2023, Bank Negara Malaysia’s (BNM) overseas reserves were $110.1 billion (US$1=RM4.72), down from $112.46 billion at the end of August 2023.
The central bank stated in a statement today that the reserves position was equal to the total short-term foreign debt and was enough to pay 5.1 months’ worth of imports of goods and services.
Foreign exchange reserves (US$98.0 billion), the IMF’s position in reserves (US$1.4 billion), SDRs (US$5.7 billion), gold (US$2.3 billion), and other reserve assets (US$2.7 billion) made up the bulk of the world’s reserves.
At RM620.97 billion, total assets included gold, foreign currency reserves, and other assets such SDRs (RM517.14 billion), Malaysian government documents (RM12.76 billion), loans and advances (RM23.87 billion), land and buildings (RM4.14 billion), and other assets (RM63.06 billion).
Capital and liabilities, according to BNM, included paid-up capital (RM100 million), reserves (RM170.61 billion), currency in circulation (RM158.20 billion), deposits by financial institutions (RM184.83 billion), deposits from the federal government (RM9.21 billion), other deposits (RM37.23 billion), Bank Negara papers (RM26.09 billion), SDR allocation (RM29.85 billion), and other liabilities (RM4.85 billion). -Bernama
