KUALA LUMPUR, March 29 ― Malaysia’s official reserve assets amounted to US$114.28 billion (RM540.4 billion) as at end-February 2024, while other foreign currency assets stood...
According to Bank Negara Malaysia, Malaysia’s official reserve assets amounted to US$114.28 billion as at end-February 2024. ― Picture by Firdaus LatifKUALA LUMPUR, March 29 ― 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 .
It also provides guidance on the expected and potential future inflows and outflows of foreign exchange of the federal government and BNM over the next 12-month period. “The net short forward positions amounted to US$22.59 billion as of end-February 2024, reflecting the management of ringgit liquidity in the money market,” it said.
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