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...
Five Foreigners Arrested for Black Market Dollar Sales
Authorities have arrested five foreigners involved in selling US dollars on the black market. A large amount of cash, including...
Will Make It Mandatory for Businesses to Conduct Currency Exchanges Through Banks: Muizzu
Businesses in the Maldives will be banned from selling their US dollars on the currency black market, President Mohamed Muizzu...
BML Faces Controversy Over Alleged Card Limit Reduction
Bank of Maldives (BML) has come under fire following allegations of a significant reduction in its foreign currency limits on...
