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edition.mv > business > 53230

Banks to increase MVR reserves held at MMA

4+ hour, 14+ min ago   (59+ words) Edition.mv Banks to increase MVR reserves held at MMA MMA said its board had decided to reduce surplus rufiyaa liquidity by increasing the minimum reserve requirement (MRR) and expanding open market operations (OMO). BML’s financial performance mirrors Maldives economic…...