The Maldives Monetary Authority (MMA) reported that businesses exchanged MVR 50 million in foreign currency earnings through the banking system by January 2025, surpassing the earlier projection of MVR 40 million. The Government's foreign exchange earnings in January increased by 12 per cent compared to December 2024, resulting in a positive balance of foreign exchange transactions with earnings exceeding expenditures. Official reserve assets reached USD 708.1 million, while usable reserves grew by 105 per cent, rising to USD 116 million from USD 56.4 million in December.