Bank Negara Malaysia released its international reserves position as at 28 February 2025, reporting reserves of USD118.3 billion, alongside the central bank’s statement of assets and liabilities for the same date. The reserves were assessed as sufficient to finance 5.0 months of imports of goods and services and to cover 0.9 times total short-term external debt. Under the previous import coverage measure, reserves would be sufficient to finance 5.8 months of retained imports of goods. The short-term external debt ratio combines reserves data as at 28 February 2025 with short-term external debt data as at 4Q 2024, valued at the 4Q 2024 exchange rate. BNM described short-term external debt as borrowing from non-residents with maturity of one year or less, largely linked to resident banks’ foreign currency liquidity operations and multinational corporations’ borrowing from overseas parents, and stated these obligations do not constitute claims on BNM’s international reserves.
Bank Negara Malaysia 2025-03-07
Bank Negara Malaysia reports USD118.3 billion in international reserves with 5.0 months import cover at end-February 2025
Bank Negara Malaysia reported international reserves of USD118.3 billion as of 28 February 2025, sufficient to finance 5.0 months of imports and cover 0.9 times total short-term external debt. The short-term external debt, primarily linked to resident banks and multinational corporations, does not constitute claims on BNM's reserves.