Usable reserves at USD 114 million in April

Statistics released by the Maldives Monetary Authority reveal that usable reserves stood at USD 114 million and official reserves stood at USD 622 million by the end April.

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[File] Maldives central bank, MMA building; Reserves in April stood at USD 114 million

Malika Shahid

2024-06-03 19:48:58

Statistics released by the Maldives Monetary Authority reveal that usable reserves stood at USD 114 million by the end of April.

Statistics released by the central bank, Maldives Monetary Authority (MMA), show an increase of USD 4 million. However, this figure is USD 37 million lower compared to the same period in 2023. Usable reserves stood at USD 151 million in April last year.

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