Hi, I'm Viyu. Ask me about the stories collected here. I answer only from them, with numbered links to the outlets that published them, and I say so when they do not cover it.
Maldives’ Official Reserves Rise to USD 810 Million in August
Maldives Monetary Authority figures show official reserve assets rose to USD 810.05 million by the end of August, a 4.5 percent gain from July's USD 774.5 million, supported by tourism earnings, a new foreign exchange law and a USD 400 million currency swap with the Reserve Bank of India. Usable reserves nevertheless fell 11.5 percent month-on-month to USD 188.64 million as immediate foreign exchange payables climbed to USD 738.63 million, with over USD 1 billion in payments due next year.
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Figures in these reports
as written, with the sentence they come from
USD 810.05 millionOfficial reserve assetsThe StandardThe Maldives' official reserve assets climbed to USD 810.05 million by the end of August, according to figures released by the Maldives Monetary Authority (MMA).
Word for word from the report in The Standard. Open the report
4.5 percentMonth-on-month gain in official reservesThe StandardThe increase represents a 4.5 percent gain from July's USD 774.5 million, reflecting government efforts to strengthen foreign currency holdings.
Word for word from the report in The Standard. Open the report
USD 774.5 millionOfficial reserve assets in JulyThe StandardThe increase represents a 4.5 percent gain from July's USD 774.5 million, reflecting government efforts to strengthen foreign currency holdings.
Word for word from the report in The Standard. Open the report
USD 117.22 millionSecurities investments and other foreign assets outside the official tallyThe StandardThe rise in reserves was supported by USD 117.22 million in securities investments and other foreign assets outside the official tally, lifting the nation's overall foreign currency position.
Word for word from the report in The Standard. Open the report
60 percentShare of bank dollar receipts required to be directed to reservesThe Standarda new foreign exchange law — which requires 60 percent of dollars received by banks to be directed to reserves — as key drivers behind the improvement.
Word for word from the report in The Standard. Open the report
USD 400 millionCurrency swap with the Reserve Bank of IndiaThe StandardThe USD 400 million currency swap with the Reserve Bank of India under the SAARC framework has also provided an important buffer.
Word for word from the report in The Standard. Open the report
USD 738.63 millionImmediate foreign exchange payablesThe StandardData show immediate foreign exchange payables surged to USD 738.63 million in August, up sharply from USD 688.24 million in July.
Word for word from the report in The Standard. Open the report
USD 688.24 millionImmediate foreign exchange payablesThe StandardData show immediate foreign exchange payables surged to USD 738.63 million in August, up sharply from USD 688.24 million in July.
Word for word from the report in The Standard. Open the report
11.5 percentMonth-on-month drop in usable reservesThe StandardThe increase in liabilities has weighed heavily on usable reserves, which dropped by 11.5 percent month-on-month.
Word for word from the report in The Standard. Open the report
USD 188.64 millionUsable reservesThe Standardfell to USD 188.64 million in August, down from USD 213.22 million the previous month.
Word for word from the report in The Standard. Open the report