KUCHING: Malaysia’s international reserves, held by Bank Negara Malaysia (BNM), stood at USD117.6 billion (USD1=RM4.40) as of Oct 30, 2024, a decrease from USD119.7 billion recorded on Sept 30, 2024.
In a statement, BNM reported total assets amounting to RM587.9 billion at the close of business on the same date.
The largest portion of these assets consists of RM482.8 billion in gold, foreign exchange, and other reserves, including Special Drawing Rights (SDRs).
Other key assets include Malaysian Government Papers valued at RM12.8 billion, deposits with financial institutions totaling RM3.6 billion, loans and advances at RM25.8 billion, land and buildings at RM4.6 billion, and other assets amounting to RM58.4 billion.
On the liabilities side, BNM reported holding RM174.7 billion in reserves, with currency in circulation recorded at RM165.3 billion.
“Deposits from financial institutions account for RM134.4 billion, alongside RM6.7 billion from the federal government and RM64.7 billion from other entities,” it stated.
Additionally, the bank holds RM11.6 billion in Bank Negara Papers, RM27.2 billion in Special Drawing Rights allocations, and RM3.2 billion in other liabilities.
“Overall, the bank’s total liabilities align with its total assets at RM587.9 billion,” BNM said.
It also highlighted that the reserves were sufficient to cover 4.8 months of Malaysia’s imports of goods and services and were equivalent to 0.9 times the country’s total short-term external debt.
