National reserve rises to 667.4 million

The National Reserve of the country rising to USD 667.4 million at the end of August.

The financial review publicizes by the Maldives Monetary Authority (MMA) shows the National Reserve rising to USD 667.4 million which is a 23 percent increase from last year. The National Reserve was at 692.5 million at the end of July.

There is USD 212.6 million in usable reserve, although it’s a decline in the monthly statistics, it is a 29 percent increase in the yearly statistics.

MMA says that at the end of July, the National Reserve had 4.2 months of import.