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Published: Monday December 31, 2012 MYT 12:16:00 PM
Updated: Monday December 31, 2012 MYT 12:28:29 PM
BNM: US$350.2m in outflows of foreign currency loans over 12 months
KUALA LUMPUR: Bank Negara Malaysia estimates predetermined short-term outflows of foreign currency loans of US$350.2mil over the next 12 months.
The outflows would arise from scheduled repayments of external borrowings by the government, the central bank said on Monday in its disclosure of international reserves as at end-November 2012.
However, the data excluded projected foreign currency inflows arising from interest income and the drawdown of project loans amounting to US$4.737bil in the next 12 months.
The central bank said the long forward positions amounted to US$7.42bil as at end-November 2012.
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