USD
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Local News
India defers USD 50 mln T-bill repayment once again
India has deferred the repayment of USD 50 million in T-bills sold by the State Bank of India (SBI) to…
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Local News
USD 214 mln exchanged with banks under Foreign Exchange Act
President Dr Mohamed Muizzu has revealed that USD 214 million has been deposited and exchanged with local banks under the…
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Local News
Sovereign Fund soars to USD 121 mln
President Dr Mohamed Muizzu has announced that USD 121 million has been deposited to the Sovereign Development Fund (SDF). Speaking…
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Local News
Central bank projects over USD 40 min exchange under new forex regulations
The central bank, Maldives Monetary Authority (MMA) has revealed that it expects local tourism establishments to exchange over USD 40…
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Local News
MVR 87 bln deposited to SDF, aiming for USD 150 mln by end of 2025
A total of MVR 87 million has been deposited to the Sovereign Development Fund (SDF) over the last year. The…
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Local News
Pres Dr. Muizzu calls BML’s USD payment suspension a “coup” against the gov’t
President Dr. Mohamed Muizzu has characterized the Bank of Maldives’ (BML) recent decision to suspend USD payments from MVR accounts,…
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