Ilyas flags severe FX imbalance

6 hours ago

Maldives’ economy now has MVR 78 billion in circulation, all of which is “running after” just USD 800 million, former MP Ilyas Labeeb said Sunday evening. The opposition MDP held a panel discussion on the dollar shortage on Sunday evening as the price of dollars continues to rise day by day. During the panel, Ilyas said the Maldives Monetary Authority (MMA) estimates