Maldives Monetary Authority (MMA)
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BusinessBudget 2027: Domestic debt projected to surpass MVR 100 billion
The Maldives' domestic debt is projected to exceed MVR 100 billion by the end of this year, driven by heavy reliance on the domestic market for financing. Government estimates show debt rising to MVR 108.1 billion by late 2025. This year marks the highest borrowing period for the current administration to meet its fiscal needs.
BusinessMS Finance license revoked over regulatory violations
The Maldives Monetary Authority revoked MS Finance’s money-changing license and issued a fine for regulatory violations. The firm is allegedly linked to a major money laundering case involving the Football Association of Maldives. This action is part of a broader government crackdown on the country's illegal foreign exchange market.
News
MMA restricts medical USD allowance to six countries
Business
Businesses decry MPL dollar fees
Report
Who is watching our dollars? A question for the regulator
News
"Formed FX company due to receiving income in dollars"
News
Saudha refuses to name lender of MVR 2.4 million loan
News
Reserves are low, will "greatly improve" in six months: Muizzu
Business
MMA opens applications for Research Fund
Report
Fed rate hike will exacerbate dollar crisis in Maldives
News
Nasheed calls on audit firms to disclose BML finances
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Six expats arrested for trying to smuggle out foreign currency
News
Exclusive: Maldives sought extension on $50M India debt
Business
Businesses allege BML is blocking USD transfers
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Maldivian Rufiyaa symbol incorporated into Unicode Standard
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Insufficient funds for essentials after repaying $50 million loan
Business
Usable reserves drop below levels after settling sukuk
News
Some companies used black market profits to fund payrolls: Saeed
News
Malaysia pledges $100 million financial facility to Maldives
Business