The assets are in accordance with the International Monetary Fund’s (IMF) Special Data Dissemination Standard format.

In a statement today, BNM said other foreign currency assets stood at US$560.5 million at the end of the month.

It said the predetermined short-term outflows of foreign currency loans, securities and deposits for the next 12 months amounted to US$7.25 billion.

They included scheduled repayment of external borrowings by the government and the maturity of foreign currency Bank Negara Interbank Bills.

“The short forward positions amounted to US$6.58 billion, while long forward positions amounted to US$535 million as at end-January 2021, reflecting the management of ringgit liquidity in the money market,” it said.

“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.

“Projected foreign currency inflows amount to US$2.36 billion in the next 12 months.”

BNM said the only contingent short-term net drain on foreign currency assets are government guarantees of foreign currency debt due within one year amounting to US$389.3 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 said.