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Official reserves of the Maldives stood at US$541.8 million at the end of March 2024, down from US$764.6 million a year earlier and US$588.8 million in February, according to MMA data. CPI data from the National Bureau of Statistics showed prices fell 0.89 percent in March compared to February, with notable price drops in electricity and water.
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US$541.8 millionOfficial ReservesMaldives RepublicThe Maldives’ Official Reserves stood at US$541.8 million at the end of March 2024, according to data released by the Maldives Monetary Authority (MMA).
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$588.8 millionOfficial Reserves February 2024Maldives RepublicOfficial reserves declined by US$47 million from $588.8 million in February.
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US$113.7 millionUsable reservesMaldives RepublicIn March, usable reserves also decreased, reaching US$113.7 million by month-end, down from the February figure of US$128.8 million.
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0.89 percentPrice change, March vs FebruaryMaldives Republicprices fell by 0.89 percent in March compared to February and prices were down 0.16 percent when compared to the same period last year.
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0.16 percentPrice change, year-on-yearMaldives Republicprices fell by 0.89 percent in March compared to February and prices were down 0.16 percent when compared to the same period last year.
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1.09 percentPrice change excluding fishMaldives RepublicExcluding the price of fish, prices fell 1.09 percent in March.
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0.53 percentAir transport price riseMaldives Republicwith a 4.56 percent rise for fruits and a 0.53 percent hike for air transport.
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0.68 percentSugar, jam, honey and chocolate price riseMaldives Republicprices for sugar, jam, honey, and chocolate rose by 0.68 percent, vegetables by 0.25 percent, and meat by 0.62 percent.
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0.25 percentVegetables price riseMaldives Republicprices for sugar, jam, honey, and chocolate rose by 0.68 percent, vegetables by 0.25 percent, and meat by 0.62 percent.
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0.62 percentMeat price riseMaldives Republicprices for sugar, jam, honey, and chocolate rose by 0.68 percent, vegetables by 0.25 percent, and meat by 0.62 percent.
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