Nasheed Warns of Record Dollar Surge as Central Bank Decides to Print MVR 15 Billion
Former President Mohamed Nasheed has criticised the Maldives Monetary Authority’s (MMA) decision to print nearly MVR 15 billion, warning that...
MMA Moves to Print Record MVR 15 Billion Despite Muizzu’s Pledge
The Maldives Monetary Authority (MMA) has reportedly decided to print nearly MVR 15 billion, the highest amount in the nation’s...
Opposition Leader Slams Government’s Plan to Print MVR 15 Billion
Fayyaz Ismail, Chairperson of the main opposition Maldivian Democratic Party (MDP), has strongly criticised the Mohamed Muizzu administration’s plan to...
Domestic Debt Increased More Than MVR 11 Billion Over Past Year
The Mohamed Muizzu administration has borrowed more than MVR 11 billion from the domestic market to cover its expenditure over...
Maldives’ Exports Decline Nearly Eight Percent
The Maldives’ exports declined by 7.7 percent between January and November this year compared to the same period in 2023,...
Maldives Records Sharp Decline in Fish Exports
The Maldives exported 33,994 metric tonnes of tuna from January to October this year, a decline in 46.1 percent over...
MMA Proposes Forex Bill; Critics Highlight Shift in President’s Stance
The Maldives Monetary Authority (MMA) has proposed a foreign exchange bill to Parliament, proposing concessions to its controversial rules mandating...
Maldives, India Ink MoU on Using Local Currencies in Bilateral Cross-border Transactions
The Maldives and India, on Thursday, signed a memorandum of understanding (MoU) on the use of local currencies for cross-border...
Police Investigate Alleged Information Leak at MMA
Police entered the Maldives Monetary Authority (MMA), the country’s central bank, on Wednesday and Thursday to investigate the alleged leak...
Muizzu Government Pushes Swift Constitutional Amendment to Block MP Defections
The Muizzu government has proposed a constitutional amendment to prevent parliamentarians from switching political parties and to mandate the loss...
