BNM International Reserves at $114.3 billion as of February 28, 2023.

KUALA LUMPUR: Bank Negara Malaysia (BNM) international reserves as of February 28, 2023 were US$114.3 billion (US$1 = RM4.47).

The reserve position is enough to finance imports of goods and services for 5.0 months and is equivalent to 1.0 times total short-term external debt.

In a statement today, the central bank said the main components of international reserves are foreign exchange reserves ($102.2 billion), International Monetary Fund reserve positions ($1.4 billion), Special Drawing Rights (SDR) ($5.7 billion) dollars) and gold ($2.3 billion) and other currency reserves ($2.7 billion).

Meanwhile, total assets were RM614.91 billion and included gold and foreign exchange and other reserves, including SDRs (RM501.63 billion), Malaysian government securities (RM12.82 billion), deposits in financial institutions (RM1.06 RM 4.14 billion), loans and advances (RM 23.71 billion), land and buildings (RM 4.14 billion), and other assets (RM 71.56 billion).

BNM added that capital and liabilities included paid-in capital (RM100 million), reserves (RM155.52 billion), cash in circulation (RM159.54 billion), deposits from financial institutions (RM213.18 billion), federal government deposits (RM10 0.02 billion .), other deposits (RM37.45 billion), Bank Negara securities (RM6.7 billion), allocation of SDRs (RM28.21 billion) and other liabilities (RM4.17 billion). -Bernama BNM International Reserves at $114.3 billion as of February 28, 2023.

Andrew Schnitker

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