In a statement, the central bank said the reserves position is sufficient to finance 7.4 months of retained imports and is 1.1 time total short-term external debt.
BNM said the main components of the international reserves, as at April 15, comprised foreign currency reserves at US$96.6 billion, International Monetary Fund reserves position , Special Drawing Rights , gold and other reserve assets . It said assets included gold and foreign exchange and other reserves, including SDRs, which amounted to RM419.41 billion, Malaysian government papers , deposits with financial institutions , loans and advances , land and buildings and other assets .
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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Source: malaysiakini - 🏆 20. / 51 Read more »