Saturday July 21, 2012
International reserves at RM429.4bil
KUALA LUMPUR: Bank Negara’s international reserves amounted to RM429.4bil (equivalent to US$134.4bil) as at July 13.
The reserves position was sufficient to finance 9.4 months of retained imports and was 4.3 times the short-term external debt, said the central bank in a statement.
It said the main components of the international reserves were foreign currencies (US$121.2bil), International Monetary Fund reserves (US$800mil), Special Drawing Rights (US$1.9bil), gold (US$1.9bil) and other reserves assets (US$8.6bil).
The central bank’s total assets, including international reserves, stood at RM479.72bil.
Its other assets included the Malaysian government papers (RM2.13bil), deposits with financial institutions (RM29.13bil), loans and advances (RM10.21bil), and other assets (RM8.86bil). — Bernama