MDP Seeks Urgent Meeting With Central Bank Governor as Dollar Hits Record High
The main opposition Maldivian Democratic Party (MDP) parliamentary group has formally requested a meeting with the Governor of the Maldives...
Dollar Hits Record MVR 20.20 in Black Market, Tops 2020 Pandemic Peak
The US dollar rose to a record MVR 20.20 in the black market on Thursday, surpassing its previous high during...
Onion Prices Surge to MVR 60 per Kilogramme Amid Supply Shortage
The price of onions in the Maldivian market has risen to MVR 60 per kilogramme, according to market prices on...
Maldives Will Not Default on Sukuk: Finance Minister
The Maldives will not default on the US$25 million coupon payment for the Sukuk, Minister of Finance Mohamed Shafeeq has...
Bank of Maldives Curtails Foreign Transaction Limits on Cards
The Bank of Maldives has announced immediate changes to its card limits for foreign transactions, citing an increase in foreign...
Adani Group Crisis Worsens as Stocks Plummet and Parliament Adjourns
The Adani Group, one of India’s largest conglomerates, is facing a major crisis as the controversy surrounding the company deepens....
