Maldives' Official Reserves Decline by 7% in July

1 week ago

The official reserves of the Maldivian government experienced a 7% decline in July compared to the previous month, according to data released by the central bank Maldives Monetary Authority (MMA). The MMA reported that official reserves stood at USD 775 million in July, representing a decrease of USD 57 million from the USD 832 million recorded in June. Official reserve figures for