The State Bank of India (SBI) has subscribed the USD 50 million government treasury bill (T-bills) for one more year.…
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The Maldives government, via the Maldives Inland Revenue Authority (MIRA), collected a revenue of MVR 1.98 billion for the month…
Bank of Maldives (BML) Chief Executive Officer, Karl Stumke, has resigned from his post. The bank confirmed Stumke’s resignation on…
The Maldives’ official reserves, inclusive of the usable reserve and the Sovereign Development Fund (SDF), are projected to reach above…
The top global credit rating agency, Fitch Ratings has downgraded the Maldives’ credit rating from ‘CCC+’ to ‘CC’, marking the…
The Bank of Maldives (BML) on Sunday afternoon reverted its earlier decision of suspending foreign transactions on debit cards. The…
The black market exchange rate of US dollars has significantly lifted after Bank of Maldives (BML) announced decision to suspend…
The Bank of Maldives (BML) on Sunday announced changes to its card limits for foreign transactions. The changes, effective immediately,…
The Minister of Economic Development and Trade, Mohamed Saeed on Thursday held discussions with PayPal’s President for Global Marketing, Suzan…
Maldives Vice President Hussain Mohamed Latheef (Sembe) on Thursday launched the ‘Education Transformation Initiative’ at a ceremony held at JEN…