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National reserve increase by 49 percent

Statistics has showed that the up to last June, the national reserve has risen to USD 712.2 million.

The reserve was at USD 703.7 million at the end of May.

The financial review issued by the Maldives Monetary Authority (MMA) shows that at the end of June 2015, the national reserve is at USD 7.12.2 million which is a 49 percent increase compared to last year.

While there is USD 234.9 million in the usable reserve, it is a two percent increase per month.

And it is a 67 percent increase per year.

MMA has said that end the end of June, the amount at the national reserve is the import of 4.3 months.

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