Maldives' usable foreign reserves fell to US$66.9 million this month, below the roughly US$70 million a month needed to import basic goods, according to Maldives Monetary Authority figures. Short-term debt rose to US$442.3 million, while state US dollar revenue reached US$560.4 million at the end of June.
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Maldives' usable reserves this month have fallen to US$66.9 million; a decline of US$6.2 million over the previous US$73.1 million, according to the latest figures released by the Maldives Monetary Authority (MMA).
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Earlier reports gave US$75 million 3 Jul, 23:08 Maldives RepublicUS$113.6 million 29 Jun, 19:26 Maldives Republic
a decline of US$6.2 million over the previous US$73.1 million, according to the latest figures released by the Maldives Monetary Authority (MMA).
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a decline of US$6.2 million over the previous US$73.1 million, according to the latest figures released by the Maldives Monetary Authority (MMA).
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the Maldives requires approximately US$70 million a month to import basic goods—including fuel, medicines and staples—the current reserves balance indicates that this will not be enough to cover a month's imports.
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Short-term debt increased by US$23.2 million to US$442.3 million.
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Short-term debt increased by US$23.2 million to US$442.3 million.
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Earlier reports gave US$419 million 29 Jun, 19:26 Maldives Republic
the state's US dollar revenue stood at US$560.4 million at the end of June; US$72.4 million more than over the same period last year.
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US$72.4 million more than over the same period last year.
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Earlier reports gave 12 percent 16 Dec, 22:06 Maldives Republic
