KUALA LUMPUR, June 28 ― Malaysia’s official reserve assets amounted to US$113.59 billion (RM536.3 billion) while other foreign currency assets stood at US$5.0 million as of...
Did the IGP, govt ignore court’s order to hunt ex-husband and abducted daughter? Court to decide on Indira’s RM100m suit todayAccording to Bank Negara Malaysia, the country’s official reserve assets amounted to US$113.59 billion while other foreign currency assets stood at US$5.0 million as of end-May, 2024. ― Picture by Firdaus LatifKUALA LUMPUR, June 28 ― Malaysia’s official reserve assets amounted to US$113.59 billion while other foreign currency assets stood at US$5.
It also provides guidance on the expected and potential future inflows and outflows of foreign exchange by the federal government and BNM over the next 12-month period.“Overall, the detailed breakdown of international reserves under the IMF SDDS format indicates that as of May 2024, Malaysia’s international reserves remain usable,” it said in a statement.
The net short forward positions amounted to US$26.89 billion as of May 2024, reflecting the management of ringgit liquidity in the money market.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. Projected foreign currency inflows amount to US$2.39 billion in the next 12 months.
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