BML says it has a positive NOP, strong liquidity

2 days ago

The Bank of Maldives (BML) states that it has a positive Net Open Position (NOP) in US dollars, and is also in a strong liquidity position. The national bank issued a statement on Thursday clarifying its NOP in US dollars, the management of US dollar liquidity, and the distinction between these two important financial concepts. The BML explained that the NOP represents