Official reserves at US$102 billion as of end-April

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Bank Negara says other foreign currency assets amount to US$1,511.9 million. FMTNews BNM

KUALA LUMPUR: Malaysia’s reserves remained usable as at end-April 2020, with official reserve assets at US$102.484 billion, in accordance with the International Monetary Fund’s Special Data Dissemination Standard format.

“For the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities and deposits, which include scheduled repayments of external borrowings by the government and repayment arising from the maturity of foreign currency Bank Negara interbank bills, amounted to US$7,775.1 million,” it added.

In line with the practice adopted since April 2006, BNM said the data excluded projected foreign currency inflows arising from interest income and the drawdown of project loans amounting to US$2,374.6 million in the next 12 months.

 

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