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Malaysia's official reserves near 105 billion USD by end of Sept

Malaysia’s international reserves stood at 104.98 billion USD and remained usable by the end of September, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.
Malaysia's official reserves near 105 billion USD by end of Sept ảnh 1The headquarters of Bank Negara Malaysia in Kuala Lumpur (Source: malaymail.com)

Kuala Lumpur (VNA) — Malaysia’sinternational reserves stood at 104.98 billion USD and remained usable by theend of September, in accordance with the International Monetary Fund’s SpecialData Dissemination Standard (IMF SDDS) format.

In a statement released on October 30, BankNegara Malaysia (BNM) – the central bank - said other foreign currency assetsamounted to 1.17 billion USD in the period.

For the next 12 months, the pre-determinedshort-term outflows of foreign currency loans, securities and deposits, whichinclude scheduled repayment of external borrowings by the government and thematurity of foreign currency Bank Negara Interbank Bills, amounted to 8.91 billionUSD, the bank said.

According to BNM, the projected foreigncurrency inflows amount to 2.45 billion  USD in the next 12 months, and the onlycontingent short-term net drain on foreign currency assets are governmentguarantees of foreign currency debt due within one year, hitting 277.1 millionUSD./.

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