MMA plans full Rufiyaa shift by 2030

2 days ago

The Maldives Monetary Authority (MMA) aims to convert dollar-denominated salaries, service charges and other domestic transactions into Maldivian Rufiyaa by 2030, Governor Ahmed Munawar said Monday. The governor was speaking at a press conference at the President’s Office on the issue of selling dollars at high prices in the black market. Governor Munawar said the change targets a system that has been