Wednesday 24 Apr 2024
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KUALA LUMPUR (Jan 9): Bank Negara Malaysia's (BNM) international reserves rose to US$114.6 billion (RM501.72 billion) as at Dec 30, 2022, from US$110.3 billion as at Dec 15, according to the central bank.

"The reserves level has taken into account the quarterly foreign exchange revaluation changes. The reserves position is sufficient to finance 5.2 months of imports of goods and services, and is one time the total short-term external debt," it said in a statement.

The main components of the reserves are: foreign currency reserves, which rose to US$102.6 billion from US$98.5 billion two weeks ago; International Monetary Fund reserves, which rose to US$1.4 billion from US$1.3 billion; and IMF-linked special drawing rights or SDR, which climbed to US$5.7 billion from US$5.5 billion.

Its other remaining components are gold, up at US$2.3 billion from US$2.1 billion two weeks ago, and other reserve assets, which were at US$2.6 billion as opposed to US$2.9 billion previously.

The central bank's total assets stood at RM618.94 billion as at Dec 30, while currency in circulation stood at RM162.07 billion.

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