National reserve increases by MVR22.2 million in September

Central Bank, Maldives Monetary Authority (MMA) has revealed that the national reserve have increased by MVR22.2 Million in September.

The financial statement released by MMA shows that the national reserve increased by over MVR11.5 Million last month. With this increase, the total national reserve of MMA is now at MVR322.2 Million. By the end of August, the national reserve was at MVR310.4 Million.

While the national reserve is on the rise, statistics released by Ministry of Finance and Treasury shows a decrease in the expenses of the government.