Bank Negara’s reserves at RM429.1b as at Feb 15

KUALA LUMPUR, Feb 22 — Bank Negara Malaysia’s international reserves amounted to RM429.1 billion, equivalent to US$140.3 billion, as at Feb 15, 2013.

In a statement today, the central bank said the reserves position was sufficient to finance 9.5 months of retained imports and was 4.6 times the short-term external debt.

It said the international reserves comprised foreign currency reserves  (US$126.8 billion), International Monetary Fund reserves (US$900 million), Special Drawing Rights (SDRs) (US$2 billion), gold (US$1.9 billion) and other reserve assets (US$8.7 billion).

Bank Negara’s total assets, including international reserves, stood at RM478.81 billion.

Its other assets include Malaysian government papers (RM2.18 billion), deposits with financial institutions (RM29.06 billion), loans and advances (RM9.45 billion) and other assets (RM9.02 billion).

Its capital and liabilities comprised paid-up capital (RM100 million), general reserve fund (RM14.37 billion), other reserves (RM10.08 billion), currency in circulation (RM74.87 billion), deposits by financial institutions (RM185.91 billion), federal government deposits (RM10.78 billion), other deposits (RM4.23 billion), Bank Negara papers (RM143.98 billion), allocation of SDRs(RM6.33 billion) and other liabilities (RM28.17 billion). — Bernama


Please refrain from nicknames or comments of a racist, sexist, personal, vulgar or derogatory nature, or you may risk being blocked from commenting in our website. We encourage commenters to use their real names as their username. As comments are moderated, they may not appear immediately or even on the same day you posted them. We also reserve the right to delete off-topic comments