KUCHING: Malaysia’s international reserves held by the Central Bank of Malaysia (BNM) stood at USD 118.1 billion (USD 1 = RM4.49) as of Dec 13, 2024, compared to USD 118.3 billion on Nov 29, 2024.
In a statement, BNM reported total assets of RM597.3 billion as of the close of business on that day.
It noted that the largest portion of these assets consists of RM484.9 billion in gold, foreign exchange, and other reserves, including Special Drawing Rights (SDRs).
Other major assets, it added, include Malaysian Government Papers valued at RM12.8 billion, deposits with financial institutions totalling RM7.9 billion, loans and advances at RM26.1 billion, land and buildings at RM4.5 billion, and other assets amounting to RM60.9 billion.
Regarding capital and liabilities, it said that BNM holds RM178.0 billion in reserves, with currency in circulation recorded at RM167.5 billion.
“Deposits from financial institutions account for RM132.1 billion, alongside RM10.1 billion from the federal government and RM66.4 billion from other entities,” it said.
Additionally, the bank holds RM11.8 billion in Bank Negara Papers, RM27.2 billion in Special Drawing Rights allocations, and RM3.7 billion in other liabilities.
“Overall, the bank’s total liabilities align with its total assets at RM597.3 billion.”
With that, it stated that these reserves were ample 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.
