Bank Negara Malaysia publishes IMF SDDS reserves disclosure showing USD116,223.0 million in official reserve assets at end-December 2024

Bank Negara Malaysia released its detailed disclosure of international reserves and foreign currency liquidity in the International Monetary Fund Special Data Dissemination Standard format, providing a forward-looking view of reserve usability and expected foreign exchange inflows and outflows over the next 12 months. The SDDS template indicates that Malaysia’s international reserves remained usable as at end-December 2024. Official reserve assets stood at USD116,223.0 million and other foreign currency assets at USD4.5 million. Pre-determined short-term outflows over the next 12 months, covering foreign currency loans, securities and deposits including scheduled external debt repayments by the Government and maturities of foreign currency Bank Negara Interbank Bills, totalled USD10,599.1 million. Net short forward positions were USD29,229.5 million, reflecting ringgit liquidity management in the money market; the template continues to exclude projected inflows from interest income and project loan drawdowns, which were estimated at USD2,490.9 million for the next 12 months. The only contingent short-term net drain reported was Government guarantees of foreign currency debt due within one year amounting to USD399.8 million, alongside disclosures of no embedded-option foreign currency loans, no undrawn unconditional credit lines, and no foreign currency options vis-à-vis ringgit.