Tag: MMA
MMA Launches Dedicated Hotline for Favara Payment Complaints
The Maldives Monetary Authority (MMA) has introduced a new customer support hotline specifically designed to handle issues related…
Steps to Increase Dollar Revenue Assisted in Sukuk Repayment: MMA
The Maldives Monetary Authority (MMA) has stated that the implementation of the Foreign Exchange Act, aimed at increasing…
New MVR 10 Banknotes to Enter Circulation from April 1
The Maldives Monetary Authority (MMA) has announced that a new batch of MVR 10 banknotes will be released…
MMA Appeals for Rare Photographs to Document Its Institutional History
The Maldives Monetary Authority (MMA) has invited the public to submit historical photographs related to the institution as…
Ishan Appointed Head of MMA’s Financial Intelligence Unit
Mohamed Ishan has been appointed as the new Head of the Financial Intelligence Unit (FIU) at the Maldives…
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),…