Bank Negara Malaysia reports end-May 2025 official reserve assets of USD119.6bn in IMF SDDS disclosure

Bank Negara Malaysia published the International Monetary Fund (IMF) Special Data Dissemination Standard (SDDS) detailed disclosure of Malaysia’s international reserves and foreign currency liquidity as at end-May 2025, providing forward-looking information on the size, composition and usability of reserves and other foreign currency assets and the expected and potential foreign exchange inflows and outflows of the Federal Government and the central bank over the next 12 months. Official reserve assets amounted to USD119,598.3 million and other foreign currency assets to USD955.2 million, with the SDDS breakdown indicating the reserves remained usable. Over the next 12 months, pre-determined short-term outflows of foreign currency loans, securities and deposits totalled USD13,431.9 million, including scheduled repayment of external government borrowings and maturities of foreign currency Bank Negara Interbank Bills. Net short forward positions were USD24,188.9 million as at end-May 2025, reflecting ringgit liquidity management; in line with practice since April 2006, the disclosure excludes projected inflows from interest income and project-loan drawdowns, which were reported at USD2,632.4 million for the next 12 months. The only contingent short-term net drain was government guarantees of foreign currency debt due within one year amounting to USD419 million, and the disclosure reported no foreign currency loans with embedded options, no undrawn unconditional credit lines, and no foreign currency options vis-à-vis ringgit.