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Local currency MRR rate

Monetary Policy Rates › Minimum Reserve RquirementMonthlyPer cent

Latest
10.5%
Aug 2026
On a year earlier
+0.50 pp
same period last year
Five-year average
10.07%
On five years ago
+0.50 pp

The whole record

Loading chart…

Source: Maldives Monetary Authority, via the Maldives Monetary Authority statistics database.

What the numbers say

Short term

The latest readings
  • The latest figure is 10.5% for Aug 2026, unchanged from Jul 2026 and up 0.5 percentage points on the same month a year earlier.
  • The change on a year earlier averaged +0.50 pp over the last three months, against +0.50 pp in the three months before: the year-on-year pace is broadly unchanged.

Long term

The record as a whole
  • It has averaged 10.07% over the past five years and 9.74% over ten; the latest figure is 0.43 pp above the five-year average.

How to read this series

Interest and policy rates. The rates the central bank sets (its policy rate, the reserve requirements and its standing facilities) and the average rates commercial banks charge on loans in rufiyaa and in foreign currency.

  • Changes in a rate or ratio are given in percentage points, the plain difference between two readings.
  • Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.

Terms such as percentage points, flows and stocks, and trend growth are explained in How to read the tracker.

Revisions

This site holds one version of this series so far, first stored on 6 Oct 2026. Each time MMA adds a period or revises a past figure, a new version is kept alongside the old one and the two are charted against each other here.

Stored versions of Local currency MRR rate
VersionStoredMMA updatedCoversAddedRevisedRemoved
1 (current)6 Oct 202623 Sep 2026Feb 1982 – Aug 2026———

Sorted by Version, descending.

All figures

Every period on record, newest first. Sort by any column, filter, copy the table or download it as CSV.

Every observation of Local currency MRR rate
Aug 202610.5%+0.50 pp
Jul 202610.5%+0.50 pp
Jun 202610.5%+0.50 pp
May 202610.5%+0.50 pp
Apr 202610.5%+0.50 pp
Mar 202610.5%+0.50 pp
Feb 202610.5%+0.50 pp
Jan 202610.5%+0.50 pp
Dec 202510%0.00 pp
Nov 202510%0.00 pp
Oct 202510%0.00 pp
Sep 202510%0.00 pp
Aug 202510%0.00 pp
Jul 202510%0.00 pp
Jun 202510%0.00 pp
May 202510%0.00 pp
Apr 202510%0.00 pp
Mar 202510%0.00 pp
Feb 202510%0.00 pp
Jan 202510%0.00 pp
Dec 202410%0.00 pp
Nov 202410%0.00 pp
Oct 202410%0.00 pp
Sep 202410%0.00 pp
Aug 202410%0.00 pp
Jul 202410%0.00 pp
Jun 202410%0.00 pp
May 202410%0.00 pp
Apr 202410%0.00 pp
Mar 202410%0.00 pp

Sorted by Period, descending.

About this series

Source
Maldives Monetary Authority
Published by
MMA Statistics Database, series 2795
MMA table
Financial Sector › Monetary Policy Rates › Minimum Reserve Rquirement
Coverage
Feb 1982 to Aug 2026 · 535 observations
MMA updated
23 Sep 2026
Last checked
22 Oct 2026

The analysis is calculated by Good Morning Maldives from the published figures; it describes the data and is not a forecast.