Bank Negara Malaysia’s (BNM) international reserves expanded to US$109.2 billion as at July 29, 2022, up from US$107 billion recorded as at July 15, 2022.
“The reserves position is sufficient to finance 5.8 months of imports of goods and services and is 1.1 times of the total short-term external debt,” the central bank said in a statement today.
BNM said the main components of the international reserves were foreign currency reserves (US$97.2 billion), International Monetary Fund reserves position (US$1.3 billion), special drawing rights (SDRs) (US$5.7 billion), gold (US$2.3 billion) and other reserve assets (US$2.7 billion).
The assets comprised gold, foreign exchange and other reserves including SDRs (RM480.77 billion), Malaysian government papers (RM12.12 billion), loans and advances (RM23.61 billion), land and buildings (RM4.14 billion) and other assets (RM31.61 billion).
