BNM says Reserves Up $113.5 Billion Now

As of December 29, 2023, Bank Negara Malaysia’s international reserves surged to US$113.5 billion, compared to US$112.8 billion on December 15, 2023. Ample to cover 5.4 months of imports and 1.0 times short-term foreign debt, the re serves include US$100.9 billion in foreign currency, US$1.4 billion in IMF cash, US$5.8 billion in special drawing rights, US$2.6 billion in gold, and US$2.8 billion in other assets.

Reserves up

With total assets reaching RM630.97 billion, encompassing gold, foreign exchange, and more, BNM remains robust with paid-up capital, reserves, currency in circulation, and diverse deposits, contributing to Malaysia’s financial stability.