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    Malaysia’s foreign reserves steady at US$123.4b as at mid-October

    Bank Negara Malaysia’s (BNM) international reserves stood at US$123.4 billion as at Oct 15, 2025, holding steady from the level recorded at end-September.

    The reserves position is sufficient to finance 4.8 months of imports of goods and services, and is 0.9 times the country’s total short-term external debt, the central bank said in a statement on Thursday.

    The figure marks a slight decline from the 11-year high of US$123.6 billion as at Sept 30, reflecting minor adjustments in foreign currency holdings and revaluation changes.

    Among the key components, foreign currency reserves slipped marginally to US$109 billion from US$109.3 billion a fortnight earlier, while the International Monetary Fund’s (IMF) reserve position remained unchanged at US$1.3 billion.

    Special drawing rights (SDRs) stayed steady at US$5.9 billion, and gold holdings were unchanged at US$4.8 billion. Other reserve assets, however, inched up to US$2.4 billion from US$2.3 billion recorded at end-September. 

    BNM said the reserves remain adequate to meet short-term external obligations. 

    “It (short-term external debt) is accounted mostly by resident banks in connection with their foreign currency liquidity operations, and multinational corporations borrowing from their overseas parent or headquarters,” it said. 

    “These obligations can be met in the normal course of operations from their external asset holdings, and do not pose any claims on BNM’s international reserves,” BNM added. 

    Source: theedgemalaysia