Maldives requests extension to USD 400mn currency swap

21 hours ago

The Maldivian government has requested an extension to the USD 400 million currency swap facility provided by India, according to Indian media reports. Both Economic Times and Hindustan Times reported on Sunday that the Maldives has asked India to extend the USD 400 million currency swap facility provided in October 2024. According to the newspapers, the facility has already been rolled