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 BNM: Malaysia’s end-February official reserve assets at US$114.28 bil
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Malaysia’s official reserve assets amounted to US$114.28 billion as at end-February 2024, while other foreign currency assets stood at US$202.69 million, according to Bank Negara Malaysia (BNM). The detailed breakdown of international reserves provides forward-looking information on the size, composition, and usability of reserves and other foreign currency assets. The pre-determined short-term outflows of foreign currency loans, securities, and deposits for the next 12 months amount to US$16.33 billion. The net short forward positions amounted to US$22.59 billion as at end-February 2024. Foreign currency inflows are projected to amount to US$2.46 billion in the next 12 months. The only contingent short-term net drain on foreign currency assets is government guarantees of foreign currency debt due within one year, amounting to US$400.9 million.



https://theedgemalaysia.com/node/706331