KUALA LUMPUR, Dec 31 — Bank Negara Malaysia’s official reserves assets totalled US$139.06 billion while other foreign currency assets amounted to US$9.488 billion as at end-November.
For the next 12 months, the pre-determined short-term outflows of foreign
currency loans would amount to US$350.2 million, arising from scheduled
repayments of external borrowings by the government, said the central bank.
In line with the practice adopted since April 2006, the data excluded
projected foreign currency inflows arising from interest income and the
drawdown of project loans amounting to US$4.737 billion in the next 12 months.
There were net long forward positions of US$7.42 billion as at end-November,
it said in a statement today.
Bank Negara said the only contingent short-term net drain on foreign currency assets was government guarantees of foreign debt due within one year, amounting to US$112.8 million.
“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,” it said.
At end-November, Malaysia’s reserves remained usable and unencumbered.
It said the disclosure was in accordance with the International Monetary Fund’s Special Data Dissemination Standard format.