Tag: Foreign Currency Act

MMA Directs Banks to Sell 90% of Dollar Inflows to Strengthen Economy

In a decisive move to fortify the nation's foreign exchange reserves and stabilize the Maldivian Rufiyaa, the Maldives…

MMA Publishes Regulation for Mandatory USD Exchange Under Foreign Currency Act

The Maldives Monetary Authority (MMA) has issued regulations for businesses required to register under the Foreign Currency Act,…