KUALA LUMPUR, April 22 — The international reserves of Bank Negara Malaysia (BNM) amounted to US$102 billion as at April 15, 2020. In a statement today, the central bank said the reserves position was sufficient to finance 7.9 months of retained imports and was 1.1 times the total short-term...
The logo of Bank Negara Malaysia is seen at its headquarters in Kuala Lumpur March 12, 2019. — Picture by Yusof Mat Isa
KUALA LUMPUR, April 22 — The international reserves of Bank Negara Malaysia amounted to US$102 billion as at April 15, 2020. In a statement today, the central bank said the reserves position was sufficient to finance 7.9 months of retained imports and was 1.1 times the total short-term external debt.
BNM said the main components of the international reserves comprised foreign currency reserves , International Monetary Fund reserves position , special drawing rights , gold , and other reserve assets . Assets included gold, foreign exchange and other reserves, including SDRs, which amounted to RM441.47 billion, Malaysian government papers , deposits with financial institutions , loans and advances , land and buildings , and other assets . — Bernama
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