“The net short forward positions amounted to US$22.99bil (RM106.1bil) as of end-April 2023," Bank Negara said.
KUALA LUMPUR: Malaysia’s international reserve assets amounted to US$114.42bil or RM528.3bil), while other foreign currency assets stood at US$601.3mil (RM2.7bil), says Bank Negara.
In a statement, Bank Negara said in accordance with the International Monetary Fund’s Special Data Dissemination Standard format, the detailed breakdown of international reserves provides forward-looking information on the size, composition and usability of reserves and other foreign currency assets.
It also provides guidance on expected and potential future inflows and outflows of foreign exchange of the federal government and Bank Negara over the next 12-month period.
“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 the maturity of foreign currency Bank Negara interbank bills, amounted to US$16.15mil (RM74.6mil).
“The net short forward positions amounted to US$22.99bil (RM106.1bil) as of end-April 2023, reflecting the management of ringgit liquidity in the money market,” it said.
Bank Negara said in line with the practice adopted since April 2006, the data excludes projected foreign currency inflows arising from interest income and the drawdown of project loans.
