KUALA LUMPUR, Aug 20 — Bank Negara Malaysia’s international reserves rose to US$111.3 billion as at August 13, 2021 from US$111.1 billion as at July 30, 2021.
In a statement today, the central bank said the reserves position is sufficient to finance 7.9 months of retained imports and is 1.2 times total short-term external debt. BNM said the main components of the international reserves were foreign currency reserves , International Monetary Fund reserves position , special drawing rights , gold , and other reserve assets .
Assets comprising gold, foreign exchange and other reserves, including SDRs, amounted to RM462.65 billion, Malaysian government papers , deposits with financial institutions , loans and advances , land and buildings , and other assets . Capital and liabilities comprising paid-up capital amounted to RM100 million, reserves , currency in circulation , deposits by financial institutions , federal government deposits , other deposits , Bank Negara papers , allocation of SDRs , and other liabilities . — Bernama
Source: News Formal (newsformal.com)
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