Dollar Black Market

6 articles

President Muizzu attends National Day flag-hoisting ceremony.

President Muizzu fails to provide a specific date for ending USD black market, nor could he outline a definitive solution to resolve issue

Officials fail to answer RaajjeTV's inquiries regarding USD crisis, opting instead to deflect and misrepresent the issue

Maldives Monetary Authority (MMA).

MMA revokes Express Money Exchange license over regulatory violations

Banknotes worth one, five and ten US dollars lie on a table.

Reporting USD Rate Above or Below MVR 15.42 Prohibited; Black Market Reports Face MVR 500,000 Fine

A USD 100 Federal Reserve Note

SBI imposes USD 150 remittance cap on Indian workers in Maldives as USD supply dries up

A person counting US Dollars

USD value remains high, lowest price holds steady at MVR 19