Central Bank Seeks Managing Directors for Key Areas
The Maldives Monetary Authority (MMA) has opened applications for managing director positions across five areas. This move comes as part…
Ahmed Munawar Appointed Governor of Maldives Central Bank
Ahmed Munawar has assumed the role of governor of the Maldives Monetary Authority (MMA). President Mohamed Muizzu made the appointment…
Munawar Outlines Policy Approach During Committee Vetting; Governor Nomination Green-Lit for Final Floor Vote
Abandoning control of the US dollar exchange rate in the Maldives will not be in the best interest of the…
Hashim Out Amid Opposition Dissent as President Muizzu Nominates Munawar for MMA Governor
President Mohamed Muizzu, upon parliamentary recommendation in accordance with Section 6(3) of the Maldives Monetary Authority Act (1981), has removed…
Parliamentary Committee Votes to Recommend Hashim’s Removal as Central Bank Governor
The Public Accounts Committee, on Wednesday, approved the motion, to recommend to President Mohamed Muizzu that the Governor of the…
Opposition Leader Expresses Concern Over Attempts to Remove Central Bank Chief
Opposition leader Fayyaz Ismail has raised alarm over the ruling People’s National Congress (PNC) efforts to oust Ali Hashim from…
Public Accounts Committee Recommends Removal of Hashim as MMA Governor
The Parliament Public Accounts Committee has recommended that the President remove Ali Hashim as the Governor of the Maldives Monetary…
Central Bank Projects National Reserves to Rise to US$605.7 Million by End of 2024
The Maldives Monetary Authority (MMA), in its latest Quarterly Economic Bulletin, has projected an optimistic outlook for the nation’s economy,…
Maldives’ State Reserves See Increase Through February
The Maldives’ reserves increased in February compared to January this year, according to data by the Monetary Authority of Maldives…
China Slashes Interest Rates to Boost Ailing Property Sector
China’s central bank has announced a cut on interest rates for loans which extend five years or longer to 3.95…