{"id":3712,"date":"2020-04-30T14:52:41","date_gmt":"2020-04-30T06:52:41","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=3712"},"modified":"2020-04-30T14:52:41","modified_gmt":"2020-04-30T06:52:41","slug":"malaysias-official-reserves-at-us101-7-billion-as-at-end-march-2020","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=3712","title":{"rendered":"Malaysia\u2019s official reserves at US$101.7 billion as at end-March 2020"},"content":{"rendered":"
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KUALA LUMPUR, April 30\u00a0– Malaysia’s international reserves remained usable as at end-March 2020, with official reserve assets at\u00a0US$101.70\u00a0billion.<\/p>\n

In a statement today,\u00a0Bank Negara Malaysia (BNM) said foreign currency reserves (in convertible foreign currencies) stood at US$95.30 billion, while\u00a0other foreign currency assets amounted\u00a0to US$30.6 million.<\/p>\n

\u201cFor\u00a0the next 12 months, the pre-determined short-term outflows of foreign\u00a0currency loans, securities and deposits, which include\u00a0scheduled repayment of external borrowings by the government and\u00a0repayment arising from the maturity of foreign currency Bank Negara\u00a0Interbank Bills, amounted to US$6.51 billion,\u201d said the central bank.<\/p>\n<\/div>\n

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The short forward positions\u00a0amounted to US$13.21 billion as at end-March 2020, reflecting the management of ringgit liquidity in the money market, BNM\u00a0said in its “Detailed Disclosure of International Reserves\u00a0as at end-March 2020” explanatory notes,\u00a0in accordance with the International Monetary Fund\u2019s Special Data Dissemination Standard\u00a0format.<\/p>\n

In line with the practice\u00a0adopted since April 2006, the data excludes projected foreign currency inflows arising from interest income and the drawdown of project loans, BNM said, adding that foreign currency inflows are projected to be at US$2.48 billion in the next 12 months.<\/p>\n

The central bank said the\u00a0only contingent short-term net drain on foreign\u00a0currency assets are government guarantees of foreign currency debt due\u00a0within one year, amounting to US$227.2 million.<\/p>\n<\/div>\n

\n

There are no foreign\u00a0currency loans with embedded options, no undrawn, unconditional credit lines provided by or to other central banks, international organisations, banks and\u00a0other financial institutions, it added.<\/p>\n

“BNM also does not engage in\u00a0foreign currency options vis-\u00e0-vis ringgit,\u201d it said.<\/p>\n

– BERNAMA<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR, April 30\u00a0– Malaysia’s international reserves remained usable as at end-March 2020, with official…<\/p>\n","protected":false},"author":1,"featured_media":3044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[7728,7901],"class_list":["post-3712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-bank-negara-malaysia","tag-international-monetary-fund"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",760,520,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm-150x150.jpg",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm-300x205.jpg",300,205,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",640,438,false],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",640,438,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",760,520,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",760,520,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",760,520,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",760,520,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/03\/default_bnm.jpg",694,475,false]},"author_info":{"info":["Editor"]},"category_info":"Economy<\/a>","tag_info":"Economy","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3712","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=3712"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3712\/revisions"}],"predecessor-version":[{"id":3713,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3712\/revisions\/3713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/3044"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}