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Maldives central bank governor hints at possible reduction in mandatory dollar exchange

Maldives Monetary Authority (MMA) Governor Ahmed Munawar on Sunday indicated that the mandatory foreign exchange conversion requirement for resorts may be reduced in the future. Speaking at the annual general meeting of the Maldives Association of Tourism Industry (MATI) at Kurumba Maldives, the governor stated that such a change could take up to two years […]

Maldives Monetary Authority: growth in tourism and construction expected in 2016

The National Bureau of Statistics suggests that although real GDP growth for 2015 is expected to slow down, 2016 looks promising.

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