{"id":14462,"date":"2022-07-29T17:02:42","date_gmt":"2022-07-29T09:02:42","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=14462"},"modified":"2022-07-29T17:02:44","modified_gmt":"2022-07-29T09:02:44","slug":"malaysias-official-reserves-assets-at-us109-02-bln-as-at-end-june-2022","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=14462","title":{"rendered":"Malaysia’s official reserves assets at US$109.02 bln as at end-June 2022"},"content":{"rendered":"\n

KUALA LUMPUR, July 29<\/strong> —\u00a0Malaysia\u2019s official reserves asset amounted to US$109.02 billion (US$1=RM4.45) as at\u00a0end-June 2022, in accordance with the International Monetary Fund\u2019s Special Data Dissemination Standard (IMF SDDS) format.<\/p>\n\n\n\n

In a statement today, Bank Negara Malaysia (BNM) said other foreign currency assets stood at US$5.9 million.<\/p>\n\n\n\n

The central bank said the detailed breakdown of international reserves based on IMF SDDS format 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 BNM over the next 12-month period.<\/p>\n\n\n

\n
\"reserves\"<\/figure>\n<\/div>\n\n\n

\u201cFor 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 US$8.15\u00a0billion.”<\/em><\/p>\n\n\n\n

\u201cThe short forward positions amounted to US$14.0\u00a0billion as at\u00a0end-June,\u00a0reflecting the management of ringgit liquidity in the money market,\u201d<\/em> the central bank said in an explanatory note on \u2018Detailed Disclosure of International Reserves as at\u00a0end-June\u00a02022\u2032 released today.<\/p>\n\n\n\n

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$2.12 billion in the next 12 months.<\/p>\n\n\n\n

BNM said the only contingent short-term net drain on foreign currency assets are government guarantees of foreign currency debt due within one year, amounting to US$401.6 million.<\/p>\n\n\n\n

There are no foreign currency loans with embedded options, no undrawn, unconditional credit lines provided by or to other central banks, international organisations, banks, and other financial institutions.<\/p>\n\n\n\n

\u201cBNM also does not engage in foreign currency options vis-\u00e0-vis ringgit,\u201d<\/em> it added.<\/p>\n\n\n\n

Overall, the detailed breakdown of international reserves under the IMF SDDS format indicates that as at end-June 2022, Malaysia\u2019s international reserves remain usable.<\/p>\n\n\n\n

NMT<\/a> as reported by Bernama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR, July 29 —\u00a0Malaysia\u2019s official reserves asset amounted to US$109.02 billion (US$1=RM4.45) as at\u00a0end-June…<\/p>\n","protected":false},"author":1,"featured_media":14463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,524],"tags":[],"class_list":["post-14462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM.png",1182,640,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM-300x162.png",300,162,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM-768x416.png",640,347,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM-1024x554.png",640,346,true],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM.png",1182,640,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM.png",1182,640,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM.png",1182,640,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM.png",1024,554,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-29-at-5.00.55-PM.png",720,390,false]},"author_info":{"info":["Editor"]},"category_info":"Economy<\/a> Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/14462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14462"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/14462\/revisions"}],"predecessor-version":[{"id":14464,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/14462\/revisions\/14464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/14463"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}