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BNM’s International Reserves At US$104.2b As At July 30

Bank Negara Malaysia’s (BNM) international reserves amounted to US$104.2 billion (RM436.86 billion) as at July 30, 2020, slightly higher compared with US$104.0 billion as at July 15, 2020.

In a statement today, the central bank said the reserves position is sufficient to finance 8.4 months of retained imports and is 1.1 times total short-term external debt.

It said the assets comprised gold and foreign exchange and other reserves, including SDRs, amounted to RM446.36 billion; Malaysian government papers (RM10.46 billion); deposits with financial institutions (RM3.75 billion); loans and advances (RM16.37 billion); land and buildings (RM4.16 billion); and other assets (RM13.78 billion).

BacalahMalaysia Team

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