BNM's short forward positions at US$12.77 bln as of end-February
As of February 2017, the official reserve assets amounted to US$95.04 billion, while other foreign currency assets stood at US$536.3 million. Photo for illustration purpose
Bank Negara Malaysia's (BNM) short forward positions was at US$12.77 billion as of end-February.
In a statement, the central bank said the amount reflected the management of ringgit liquidity in the financial system.
In line with the practice adopted since April 2006, the data excludes projected foreign currency inflows arising from interest income and the drawdown of project loans amounting to US$2.24 billion in the next 12 month.
BNM said government guarantees of foreign debt, which are due within one year, amounted to US$84.7 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 added.
As of February 2017, the official reserve assets amounted to US$95.04 billion, while other foreign currency assets stood at US$536.3 million. -- Bernama
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