In the first five months of this year, the Bank of Maldives (BML) sold a total of $345 million (over MVR 5 billion) to individuals and businesses, marking an increase compared to the same period last year. On average, the bank facilitated $69 million per month, which includes $147 million for imports and $198 million for card-related transactions. Although the bank’s foreign currency sales exceeded its purchases by $69 million, its liquidity position remains within the regulatory requirements set by the Maldives Monetary Authority (MMA).
