Maldives has reported an 11 percent increase its total reserve by the end of August 2024.
Central bank Maldives Monetary Authority (MMA)'s data published today shows that the total reserve improved from USD 395 million to USD 444 million.
Total reserve increases to USD 444 million, usable reserve at USD 61 million
Maldives's total and usable reserves have picked up slightly in August. Despite this improvement, the usable reserve is still only sufficient for a month's worth of imports.
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[File] Maldives Monetary Authority Building in Male' -- Photo: Mohamed Sharuhaan | Mihaaru
Ameera Osmanagic
2024-09-08 14:38:33
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