Malaysia legislation

Section 67

Section 67

(2)

Subject to section 68, the foreign reserves held and managed under subsection (1) shall consist of the following:

(a)

gold or other precious metals;

(b)

foreign currency;

(c)

securities of, or guaranteed by—

(i)

governments or agencies of such governments; or

(ii)

international financial institutions;

(d)

any readily available drawing facility of such international financial institutions;

Central Bank of Malaysia 67

(e)

bills of exchange; and

(f)

such other securities and other financial instruments including derivatives.

Policies and guidelines on foreign reserves