Malaysia’s official reserves at US$102.95bil as at end-may 2020


KUALA LUMPUR: Malaysia’s international reserves remained usable as at end-May 2020, with official reserve assets at US$102.95 billion, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.

In a statement today, Bank Negara Malaysia (BNM) said other foreign currency assets amounted to US$895.8 million.

"For the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities and deposits, which include among others, scheduled repayment of external borrowings by the government and repayment arising from the maturity of foreign currency Bank Negara Interbank Bills, amount to US$7.94 billion,” it said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
US solar makers seek additional tariffs on panel imports from Asia
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT

Others Also Read