BNM released it international currency reserves for January 2024, the detailed breakdown of international reserves provides forward-looking information on the size, composition and usability of reserves and other foreign currency assets, and the
expected and potential future inflows and outflows of foreign exchange of the Federal Government and Bank Negara Malaysia over the next 12-month period.
Th official reserve assets amounted to USD114.8 billion, while other foreign currency assets amounted to USD2.3 million as at end-January 2024.
- 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 USD15,517 million. The net short forward positions amounted to USD23,424.9 million as at end-January 2024, reflecting the management of ringgit liquidity in the money market.
Projected foreign currency inflows amount to USD2,608.2 million in the next 12 months.
- Overall, the detailed breakdown of international reserves indicates that as at end-January 2024, Malaysia’s international reserves remain usable.
