Malaysia’s international reserves assets reach $119.721b by Sep.-end

Malaysia’s international official reserve assets stood at $119.721 billion, while other foreign currency assets totalled $7.1 million at the end of September 2024, according to the latest data released in by Bank Negara Malaysia on Wednesday.

For the next 12 months, the country’s pre-determined short-term foreign currency outflows, including debt repayments and maturity of foreign currency Bank Negara Interbank Bills, are estimated at $15.43 billion.

Net short forward positions amount to $26.01 billion, reflecting the management of ringgit liquidity in the money market. The government’s foreign currency debt guarantees due within a year amount to $399.8 million, representing the only contingent short-term net drain on foreign currency assets.

Attribution: Bank Negara Malaysia report

Subediting: Y.Yasser