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...
Year End Target for SDF US$100 Million: Minister Shafeeq
The Maldives’ target is to build up US$100 million in its Sovereign Development Fund (SDF) by the end of the...
Government Working to Sort USD Exchange Rate Issue: Minister Saeed
Minister of Economic Development and Trade Mohamed Saeed has said that the government is already working to address the US...
State’s US Dollar Earnings Jump 12%
The state has received, as US dollar revenue, US$851 million, or the equivalent of MVR 13 billion, in revenue as...
