Maldives’ usable reserves drop by 9.6%

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The Maldives’ official reserve assets rose by a slight 0.9 percent in August, while usable reserves dropped sharply by 9.6 percent, according to the latest information released by the Maldives Monetary Authority (MMA). The reserve data shared by MMA on Tuesday shows the country’s official reserve assets stood at USD 643.8 million as of the end of August – marking a