Maldives Monetary Authority (MMA)

18 articles

Maldives Monetary Authority

The great Maldivian economic mirage, bitter reality of a collapsing Rufiyaa

The hands of a man holding Maldivian Rufiyaa notes, trading with another man outdoors.

Maldives reserves plunge nearly 50 percent after March high amid rising deficit

India’s Unified Payments Interface (UPI) has emerged as a game-changer in the digital payments landscape since its launch in 2016.

Direct digital corridor: Maldives and India launch real-time cross-border transfers via Favara-UPI integration

People crowded at the International Arrival of Velana International Airport.

Tracking overseas spending: MMA launches airport survey to uncover where Maldivian outflow money goes

The building housing the Maldives Monetary Authority, the central bank of the island nation.

Financial Squeeze: MMA assets drop to MVR 29.6bn as foreign liabilities mount

Banknotes worth one, five and ten U.S. Dollars lie on a table.

Central bank sounds the alarm: Maldives cash reserves plunge by millions as debt crunch looms

The World Bank has highlighted that the state's debt accumulation continues to rise.

Financial institution lending to state continues to rise: World Bank

The building housing the Maldives Monetary Authority (MMA).

MMA increases weekly USD allocation to banks by 25 percent amid tourism off-season

The Bank of Maldives (BML).

Spending relief: BML to relax foreign transaction limits before month’s end

In accordance with the President's promise, PayPal service has been introduced in the Maldives.

The great PayPal hijack and erasure of real effort

Fomer President, Mohamed Nasheed | RaajjeMV

Gov’t’s pension fund plan could push Maldives into financial abyss: Nasheed

Fictional currency notes featuring President Muizzu's image - the president has repeatedly affirmed that money will not be printed | RaajjeMV

Pension Board approves MVR 2.4bn deal criticized as secretive money printing

Former Finance Minister Ibrahim Ameer | President's Office

Forcing pension funds to bail out gov’t could trigger disaster ahead of sukuk deadline: Ameer

Suspended FIU Chief, Sajid | Social Media

FIU Chief fired after suspension as sexual harassment allegations lead to dismissal

A cigarette lit inside an ashtray placed on top of a cigarette box with instructions from health experts.

Economic impact of sudden tobacco price hikes persists a year later

Sajid, who was appointed as the head of the Financial Intelligence Unit (FIU) in August 2025

FIU Head Sajid, appointed in August, suspended

President Muizzu (R) attends ceremony to launch financial sector development initiatives

Payment Maldives launched: gov’t unveils new financial inclusion and sustainable finance strategies

Notes of Maldivian Rufiyaa and Indian Rupees

Reserve Bank of India Grants Permission for trade transactions with Maldives to be Settled in MVR