Search result for 'maldives monetary authority'

Reserve Bank of India (RBI) allows trade transactions between India and Maldives to be settled in Indian Rupee (INR) and Maldivian Rufiyaa (MVR).

The Reserve Bank of India (RBI) and the Maldives Monetary Authority signed an agreement to promote the use of local currencies for cross-border transactions, aiming to boost trade and financial...

The Maldives has implemented new foreign currency regulations, requiring tourism businesses to exchange USD 500 per tourist and deposit earnings in local banks. The move comes as the country faces...

Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have signed a currency swap agreement worth USD 400 million under the SAARC Currency Swap Framework.