Maldives Monetary Authority (MMA)
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BusinessBusinesses decry MPL dollar fees
Maldivian businesses are criticizing Maldives Ports Limited for requiring stevedoring fees in US dollars despite government efforts to promote the Rufiyaa. Importers claim the policy forces them into the black market for currency, increasing costs and straining the local economy. MPL previously defended the move as a way to curb dollar abuse.
ReportWho is watching our dollars? A question for the regulator
Bank of Maldives customers face severe dollar shortages and withdrawal limits, raising concerns about the bank's liquidity. While the bank cites unsustainable outflows, the public is questioning the Maldives Monetary Authority’s silence. As a regulator, the MMA is expected to provide transparency and ensure the banking system remains stable.
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"Formed FX company due to receiving income in dollars"
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Saudha refuses to name lender of MVR 2.4 million loan
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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
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Nasheed calls on audit firms to disclose BML finances
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Six expats arrested for trying to smuggle out foreign currency
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Exclusive: Maldives sought extension on $50M India debt
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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
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Some companies used black market profits to fund payrolls: Saeed
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Malaysia pledges $100 million financial facility to Maldives
Business
MMA approval required for dollar salaries and bills
Business
Businesses face losses as TTs through BML take weeks to process
Business
Changes brought to Payment Services Regulation
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