Tag: Maldives Monetary Authority

MMA seeks contractor for new headquarters in Hulhumalé

The Maldives Monetary Authority (MMA) has invited interested parties to design and construct a new headquarters in Hulhumalé,…

MMA urges public to avoid unlicensed foreign currency dealers

The Maldives Monetary Authority (MMA) has warned the public against conducting foreign currency transactions with unlicensed individuals or…

MMA wants salaries and domestic transactions shifted to Rufiyaa by 2030

The Maldives Monetary Authority (MMA) aims to make the Maldivian Rufiyaa the primary currency for domestic financial transactions…

MMA moves to scrap USD 500-per-tourist exchange option for resorts

Resorts in the Maldives will be required to exchange 20 percent of their monthly revenue through the banking…

MMA increases weekly dollar allocation to banks by 51%

The Maldives Monetary Authority (MMA) has increased its weekly US dollar allocation to commercial banks by 51 percent,…

MMA Extends Deadline for Higher Education Scholarships

The Maldives Monetary Authority (MMA) has given prospective applicants more time to apply for its higher education scholarship…

MMA to Increase Dollar Supply to Banks by 25% During Tourism Off-Season

The Maldives Monetary Authority (MMA) has decided to increase the amount of US dollars released to commercial banks…

MMA to Bring Financial Sector Under One Roof at Maldives Financial Expo 2026

The Maldives Monetary Authority (MMA) has announced that this year's Maldives Financial Expo will bring together key players…

MMA Grants Banking Licence to Maldives Premier Bank

The Maldives Monetary Authority (MMA) has officially granted a commercial banking licence and operational approval to Maldives Premier…

MMA to Open for One Day Only During Eid Holidays

The Maldives Monetary Authority (MMA) has announced that banking services will be available for only one day next…