KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$111.06 billion as at end July, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.
Bank Negara Malaysia (BNM) said other foreign currency assets stood at US$183.5 million.
“For the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities and deposits, which include scheduled repayment of external borrowings by the government and the maturity of foreign currency Bank Negara Interbank Bills, amount to US$4.60 billion,” it said in a statement today.
“The short forward positions amount to US$7.46 billion while long forward positions amount to US$180 million as at end July 2021, reflecting the management of ringgit liquidity in the money market.”
In line with the practice adopted since April 2006, BNM said, the data excludes projected foreign currency inflows arising from interest income and the drawdown of project loans.
Projected foreign currency inflows amount to US$2.37 billion in the next 12 months.
It said the only contingent short-term net drain on foreign currency assets are government guarantees of foreign currency debt due within one year, amounting to US$386.4 million.
There are no foreign currency loans with embedded options, no undrawn, unconditional credit lines provided by or to other central banks, international organisations, banks and other financial institutions.
“BNM also does not engage in foreign currency options vis-a-vis the ringgit,” it added.