Bank Negara reserves edge up to US$120.6bil
In a statement, the central bank said the reserves remain healthy, covering 4.8 months of imports of goods and services and equivalent to 0.9 times the country's total short-term external debt.
The reserves comprise foreign currency reserves amounting to US$107 billion, the International Monetary Fund (IMF) reserves position (US$1.3 billion), Special Drawing Rights (US$5.9 billion), gold (US$4.1 billion) and other reserve assets (US$2.3 billion).
Total assets amounted to RM607.31 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM510.06 billion), Malaysian government papers (RM13.27 billion), deposits with financial institutions (RM6.83 million), loans and advances (RM27.26 billion), land and buildings (RM4.58 billion), and other assets (RM45.31 billion).
Bank Negara said total capital and liabilities amounted to RM607.31 billion, comprising paid-up capital (RM100 million), reserves (RM189.55 billion), currency in circulation (RM171.82 billion), deposits by financial institutions (RM122.23 billion), federal government deposits (RM7.07 billion), other deposits (RM75.78 billion), Bank Negara papers (RM10.06 billion), allocation of SDRs (RM27.78 billion), and other liabilities (RM2.92 billion).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
an hour ago
- New Straits Times
Anwar wraps up three-nation visit to boost trade and ties
RIO DE JANEIRO: Prime Minister Datuk Seri Anwar Ibrahim departed for home today after a series of official visits to three countries – Italy, France, and Brazil. The chartered flight from Malaysia Airlines carrying the premier and the Malaysian delegation departed the Galeao Air Force Base (BAGL) at 1pm local time (midnight Monday Malaysian time). This series of visits by the Prime Minister, starting with a three-day official visit to Italy, forms part of Malaysia's ongoing efforts to strengthen bilateral relations and promote economic cooperation at the global level. The visits to these major economic hubs – Rome, Paris, and Rio de Janeiro – were to strengthen Malaysia's diplomatic ties and trade relations with the respective nations. These three markets collectively recorded bilateral trade valued at RM50.91 billion (US$11.14 billion) last year. The Prime Minister was accompanied by a business delegation comprising representatives from major Malaysian corporations and innovative enterprises, including Petronas, Khazanah Nasional Bhd, Tenaga Nasional Bhd (TNB), Maybank, FGV, YTL Power, and Sunway. Anwar's inaugural visit to Italy was undertaken at the invitation of Italian Prime Minister Giorgia Meloni. The visits were to further strengthen bilateral relations between the countries across a wide range of sectors. In Rome, the Prime Minister was accompanied by five Cabinet ministers, namely Foreign Minister Datuk Seri Mohamad Hasan, Transport Minister Anthony Loke, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu, Defence Minister Datuk Seri Mohamed Khaled Nordin, and Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. Deputy Minister of Energy Transition and Water Transformation Akmal Nasrullah Mohd Nasir was also part of the delegation. In Paris, the Prime Minister met with President Emmanuel Macron, with discussions focusing on trade, technology, and education, as well as the humanitarian crisis in Gaza. In addition to a roundtable with France's industrial giants, the Prime Minister also engaged with local Muslim leaders, met Malaysian citizens in France, and delivered a public lecture at Sorbonne University on July 4. After the Paris stopover, Anwar headed to Rio de Janeiro to attend the 17th BRICS Summit upon invitation from President Luiz Inacio Lula da Silva. Malaysia's role as a BRICS Partner Country and Asean Chair for 2025 was to emphasise the importance of multilateralism based on law, governance of artificial intelligence, climate action, and global health, representing the aspirations of over 650 million Asean citizens. Anwar attended the BRICS Summit as a partner country to the bloc comprising Brazil, Russia, India, China, and South Africa. - BERNAMA
New Straits Times
2 hours ago
- New Straits Times
Malaysia stresses global health and climate equity at BRICS summit
RIO DE JANEIRO: Malaysia believes that vaccine access, strong public health systems, and the regulation of global medical supply chains are central to both national stability and international security. Prime Minister Datuk Seri Anwar Ibrahim stressed that when governments divert limited resources from essential services such as healthcare and clean water to service historical debts, financial systems designed to foster development instead hinder progress. "Let us begin with a hard truth. In too much of the world, life expectancy remains shaped not by biology, but by income. "The fact that a child's chance of surviving past the age of five is still largely determined by GDP per capita represents a failure for us all," he said during his intervention at the "Environment, COP30 and Global Health" session of the 17th BRICS Leaders Summit here today. Malaysia, he said, welcomes the launch of the BRICS Partnership for the Elimination of Socially Determined Diseases. "It reflects a clear understanding that disease cannot be meaningfully addressed without tackling the conditions that entrench it," said Anwar. The Prime Minister voiced Malaysia's support for deeper collaboration between BRICS and Asean to strengthen surveillance, accelerate knowledge transfer, and build resilience across borders. He also reaffirmed Malaysia's commitment to a credible and just low-carbon transition, highlighting the country's pledge to reduce emissions intensity by 45 per cent by 2030 and to achieve net-zero emissions by 2050. "These targets are grounded in law and embedded across public policy," he said, noting that Malaysia's approach is anchored in the National Energy Transition Roadmap and supported by efforts to introduce a carbon pricing mechanism and regulatory reforms across key sectors. Anwar said that Malaysia is also assessing the role of carbon capture, utilisation, and storage (CCUS) in decarbonising industry, with policy frameworks currently being developed. However, he stressed that policy alone is not enough - transition requires capital. "At present, international climate finance stands at roughly US$300 billion per year. This is far short of the estimated US$3 trillion required by developing countries alone to meet mitigation and adaptation needs by 2030," he said. As this year's Asean chair, Anwar said Malaysia is working to strengthen regional coherence on climate action. He said the nation is focused on improving access to green finance, harmonising standards, and positioning Southeast Asia as a centre for clean energy innovation and sustainable investment. Ahead of COP30 in Belem, Brazil, this November, Anwar called for a shift "from aspiration to execution". "Climate justice is ultimately about allocation: of capital, of risk, and of responsibility," he said. The Prime Minister said Malaysia views health, climate, and finance as inseparable, warning that a degraded environment weakens health systems while an underfunded health system undermines resilience. "And both suffer when sovereign debt restricts national policy space," he added. Anwar arrived here on Saturday to attend the 17th BRICS Leaders' Summit hosted by Brazil at the invitation of President Luiz Inacio Lula da Silva.
Barnama
2 hours ago
- Barnama
Malaysia Committed To Strengthening Economic Co-operation With Brics -- Tengku Zafrul
KUALA LUMPUR, July 7 (Bernama) -- Malaysia is committed to strengthening co-operation in economics, trade and investment with BRICS countries, especially with the great potential of artificial intelligence (AI) which needs to be harnessed for inclusive development. 'With ASEAN's digital economy expected to reach US$2 trillion (US$1=RM4.231) by 2030, this is a golden opportunity that we cannot afford to waste,' said Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz in a post on X today. Tengku Zafrul said the side meetings with BRICS partner countries and business leaders opened up space for Malaysian companies to explore markets and investment opportunities in future-oriented sectors.
