Tag: MMA
MMA expands dollar allocation to banks as Muizzu administration strengthens Ramadan market stability
The Maldives Monetary Authority has intensified its foreign currency support to commercial banks, increasing dollar allocations by 32…
MMA raises USD release to ease Ramadan imports
The Maldives Monetary Authority (MMA) has announced a 32 percent increase in the amount of US dollars released…
MMA releases new MVR 20 and MVR 100 notes into circulation
The Maldives Monetary Authority (MMA) has released newly printed MVR 20 and MVR 100 banknotes into circulation, citing…
MMA Releases New Stock of MVR 100 Notes to Address Shortage
The Maldives Monetary Authority (MMA) has brought a new stock of MVR 100 banknotes into circulation, citing a…
New Development Bank secures operational permit from MMA
The Maldives Monetary Authority (MMA) has issued the business commencement permit to the Development Bank of Maldives (DBM),…
In 2025, President Muizzuās reforms deliver stronger revenues and fiscal control
Maldivesā economy closed 2025 on a firmer footing, with improved government revenues, resilient tourism performance, and stabilising fiscal…
Maldives Zakat House, MMA Reinforce Custodial Framework for National Zakat Fund
The Maldives Zakat House and the Maldives Monetary Authority have signed a formal agreement reaffirming the central bankās…
State Reserves Expected to Rise to USD 904 Million, Says MMA
The Maldives Monetary Authority (MMA) has projected that the countryās foreign currency reserves will rise to USD 904…
MMA Suspends FIU Head Ismail Sajid Over Sexual Harassment Allegation
Ismail Sajid, recently appointed as the Head of the Financial Intelligence Unit (FIU) at the Maldives Monetary Authority,…
MMA Launches Payment Maldives to Power Next Phase of Digital Payments
The Maldives Monetary Authority has formally launched a new company, Payment Maldives Private Limited, marking a major step…