| dc.contributor.author | Econ Team | |
| dc.date.accessioned | 2026-03-18T09:55:48Z | |
| dc.date.available | 2026-03-18T09:55:48Z | |
| dc.date.issued | 30/04/2025 | |
| dc.identifier.uri | https://archive.veriteresearch.org/handle/456/8040 | |
| dc.description | This infographic was posted on the Instagram in English and can be accessed from the link below. | |
| dc.description.abstract | For the first time in its history, the Maldives' net international reserves fell below zero at the end of October 2024. This marks a critical point in the country’s external position and raises concerns about the adequacy of foreign currency liquidity.
External reserves are typically reported in two forms: Gross International Reserves (GIR) and Net International Reserves (NIR). Gross reserves, include all foreign currency assets held by the Central Bank. However, net reserves offer a more accurate reflection of external liquidity position as it excludes short-term foreign currency liabilities—such as currency swaps—that temporarily inflate the gross figure. | |
| dc.language.iso | en | |
| dc.publisher | Colombo: Verité Research | |
| dc.relation.ispartofseries | Public Finance Infographics | |
| dc.relation.uri | https://www.instagram.com/p/DJEXm6HvQxm/ | |
| dc.subject | Public finance - Maldives | |
| dc.subject | Public finance - External reserves | |
| dc.title | Maldives Ends 2024 with negative net reserves | |
| dc.type | Infographics | |
