Mandatory Dollar Exchange in Maldives May Go Down
Ahmed Munawar, the governor of the Maldives Monetary Authority (MMA), hinted on 9th February 2025 that the resorts’ mandatory Dollar exchange conversion requirement would be lowered in the future. The governor said that while such a change would take up to two years, it is still possible, during the Maldives Association of Tourism Industry’s (MATI)…