currency
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Local News
MMA reviews 98 new applications for currency exchange licenses
The central bank of the Maldives, Maldives Monetary Authority (MMA) has announced that 98 companies have applied for a license…
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Local News
Foreign currency deposits in Maldivian banks decline
Foreign currency deposits to Maldivian banks have declined. According to the World Bank’s Maldives Development Update released this month, foreign…
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Local News
Maldives and India sign currency swap agreement
The Maldives and India have signed a currency swap agreement valued at $400 million and INR 30 billion. The agreement…
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