Foreign exchange reserves excluding gold reached 0.597 USD bil in 2017 in Maldives, according to the National Statistical Office. This is 24.9 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Maldives reached an all time high of 0.627 USD bil in 2014 and an all time low of < 0.001 USD bil in 1976. When compared to Maldives's main peers, foreign exchange reserves excluding gold in India amounted to 389 USD bil, 127 USD bil in Indonesia, 280 USD bil in Singapore and 7.03 USD bil in Sri Lanka in 2017.
Maldives has been ranked 131st within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 17 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.