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Bank Negara: Malaysia s official reserve assets at US$111 1b | Money

Friday, 30 Jul 2021 01:09 PM MYT In a statement today, Bank Negara Malaysia says Malaysia’s official reserve assets amounted to US$111.1 billion (RM440.1 billion) as of end-June 2021. Picture by Ahmad Zamzahuri Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, July 30 ― Malaysia’s official reserve assets amounted to US$111.1 billion (RM440.1 billion) as of end-June 2021, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format. In a statement today, Bank Negara Malaysia (BNM) said other foreign currency assets stood at US$732.2 million. The central bank said the detailed breakdown of international reserves based on IMF SDDS format provides forward-looking information on the size, composition and usability of reserves and other foreign currency assets, and the expected and potential future inflows and outflows of foreign exchange of the Federal government and BNM over the

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