Foreign exchange reserves, billion currency units in the Maldives, December, 2019
For that indicator, Maldives Monetary Authority provides data for the Maldives from Q4 2012 to Q4 2019. The average value for the Maldives during that period was 8.75 billion Maldivian Rufiyaa with a minimum of 4.69 billion Maldivian Rufiyaa in December 2012 and a maximum of 14.45 billion Maldivian Rufiyaa in February 2019.
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around the world.
* indicates monthly or quarterly data series
Measure: billion Maldivian Rufiyaa
Source: Maldives Monetary Authority
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.