KUCHING: Malaysia’s international reserves held by the Central Bank of Malaysia (BNM) stood at USD 118.3 billion (USD1 = RM4.41) as of Nov 29, 2024, compared to USD 117.6 billion on Oct 30, 2024.
In a statement, BNM reported total assets of RM595.7 billion as of the close of business on the same date.
It noted that the largest portion of these assets consists of RM486.2 billion in gold, foreign exchange, and other reserves, including Special Drawing Rights (SDRs).
Other major assets include Malaysian Government Papers valued at RM12.8 billion, deposits with financial institutions totaling RM4.5 billion, loans and advances amounting to RM26.0 billion, land and buildings valued at RM4.5 billion, and other assets totaling RM61.5 billion.
On the liabilities side, BNM holds RM177.4 billion in reserves, with currency in circulation recorded at RM165.5 billion.
“Deposits from financial institutions account for RM135.2 billion, alongside RM6.5 billion from the federal government and RM67.8 billion from other entities,” it said.
Other than that, the bank also holds RM11.8 billion in Bank Negara Papers, RM27.2 billion in Special Drawing Rights allocations, and RM3.9 billion in other liabilities.
“Overall, the bank’s total liabilities align with its total assets at RM595.7 billion.”
The reserves, it said, are sufficient to cover 4.6 months of Malaysia’s imports of goods and services and equate to 0.9 times the country’s total short-term external debt.
