Home Business Bank Negara’s International Reserves At RM438.7 Billion As At July 15

Bank Negara’s International Reserves At RM438.7 Billion As At July 15

469
0
SHARE
Ad

KUALA LUMPUR, July 23- Bank Negara Malaysia’s international reserves amounted to RM438.7 billion (equivalent to US$137.9 billion) as at July 15.
bank-negaraIn a statement, the central bank said the reserves position was sufficient to finance 9.6 months of retained imports and was 4.3 times the short-term external debt.

The international reserves comprised foreign currency reserves (US$125.7 billion), International Monetary Fund reserves (US$9 million), Special Drawing Rights (SDRs)(US$1.9 billion), gold (US$1.4 billion) and other reserve assets (US$8 billion).

Bank Negara’s total assets, including international reserves, stood at RM480.22 billion as at July 15, 2013.

#TamilSchoolmychoice

Assets other than international reserves included Malaysian government papers (RM1.93 billion), deposits with financial institutions (RM21.68 billion), loans and advances (RM9.04 billion) and other assets (RM8.9 billion).

Its capital and liabilities comprised paid-up capital (RM100 million), general reserve fund (RM33.49 billion), currency in circulation (RM69.56 billion), deposits by financial institutions (RM215.46 billion), federal government’s deposit (RM12.37 billion), other deposits (RM4.28 billion), Bank Negara papers (RM118.31 billion), allocation of SDRs (RM6.43 billion) and other liabilities (RM20.23 billion).

 

– BERNAMA