KUALA LUMPUR: Bank Negara’s worldwide reserves amounted to US$115.2bil as at March 15, 2022, in contrast with US$115.8bil two weeks prior.
“The reserves position is sufficient to finance six months of imports of goods and services, and is 1.2 times total short-term external debt,” the central financial institution mentioned in a press release.
The major elements of the worldwide reserves have been foreign forex reserves (US$102bil), International Monetary Fund reserves place (US$1.4bil), particular drawing rights or SDRs (US$6bil), gold (US$2.3bil), and different reserve belongings (US$3.5bil).
It mentioned the belongings comprised gold, foreign trade and different reserves together with SDRs (RM479.79bil), Malaysian authorities papers (RM12.2bil), deposits with monetary establishments (RM779.94mil), loans and advances (RM23.34bil), land and buildings (RM4.16bil), and different belongings (RM16.85bil).
