Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

    July 29, 2026

    Applications Open for MIB Guesthouse Awards 2026

    July 29, 2026

    State Receivables Hit MVR 14 Bil

    July 29, 2026
    Facebook X (Twitter) Instagram
    Thursday, July 30
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

      July 29, 2026

      Applications Open for MIB Guesthouse Awards 2026

      July 29, 2026

      State Receivables Hit MVR 14 Bil

      July 29, 2026

      Maldives President Nominates Ambassador Thoriq as IRENA’s Permanent Representative

      July 28, 2026

      Govt. Allocates MVR 2.5 Bil for Next Year’s Council Block Grant

      July 28, 2026
    • BUSINESS

      STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

      July 29, 2026

      Applications Open for MIB Guesthouse Awards 2026

      July 29, 2026

      Maldivian Becomes First Local Carrier Operating Twin Otter Classic 300-G

      July 23, 2026

      BML’s Aaya Update Enhances Mobile App and Internet Banking Convenience

      July 22, 2026

      BML to Transform Core Banking with Finastra

      July 21, 2026
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home ยป MMA reports fake dollar exchange to police

    MMA reports fake dollar exchange to police

    MMA lodges fake US Dollar exchange case with Maldives Police
    April 23, 20231 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Maldives Monetary Authority (MMA) has reported exchange of fake US Dollars to local authorities.

    The central bank has said that certain parties have been advertising the exchange of counterfeited dollar bills, which has been brought to the attention of Maldives Police Service.

    MMA’s media official Mohamed Nazih said that several social media pages were promoting the exchange of these counterfeit bills, with a case already lodged before Eid-ul-Fitr.

    Reports claim that these counterfeit bills, all USD 100 denominations, have been produced in North Korea.

    Pages that are promoting these fake bills claim that the counterfeit currency can be deposited to ATMs as well.

    The first instance of counterfeited “super notes” were reported in 2011. United States claim these notes were produced by countries or organizations that were working against it.

    Counterfeited dollar bills have been in circulation since the 1980s according to the US government.

    Related Posts

    BUSINESS

    STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

    July 29, 2026
    Awards

    Applications Open for MIB Guesthouse Awards 2026

    July 29, 2026
    FINANCE

    State Receivables Hit MVR 14 Bil

    July 29, 2026
    Leave A Reply Cancel Reply

    Don't Miss
    Awards

    Applications Open for MIB Guesthouse Awards 2026

    July 29, 2026

    Applications are now open for the inaugural edition of the “MIB Guesthouse Awards 2026”. According…

    State Receivables Hit MVR 14 Bil

    July 29, 2026

    Maldives President Nominates Ambassador Thoriq as IRENA’s Permanent Representative

    July 28, 2026
    Demo
    Facebook X (Twitter) Instagram LinkedIn Telegram
    • Home
    • BUSINESS
    • PUBLIC SECTOR
    • TRAVEL & TOURISM
    © 2026 Maldives Business Times. by hyvemedia.

    Type above and press Enter to search. Press Esc to cancel.