The detailed breakdown of international reserves amounted to USD109,719.0 million, while other foreign currency assets amounted to USD4.9 million as at end-November 2022.
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 USD15,426.7 million. The short forward positions amounted to USD25,988.2 million as at end-November 2022, reflecting the management of ringgit liquidity in the money market.
Projected foreign currency inflows amount to USD1,982.7 million in the next 12 months. The contingent short-term net drain on foreign currency assets is Government guarantees of foreign currency debt due within one year, amounting to USD399.4 million. There are no foreign currency loans with embedded options, and no undrawn, unconditional credit lines provided by or to other central banks, international organisations, banks, and other financial institutions. Bank Negara Malaysia also does not engage in foreign currency options vis-à-vis ringgit.
Overall, the detailed breakdown of international reserves under the IMF SDDS format indicates that as at end-November 2022, Malaysia’s international reserves remain usable.