Parliament passes bill requiring USD exchange via local banks

The Parliament passed the Foreign Currency Bill today.

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People stood outside a Dollar Exchange store -- Photo: Mihaaru

Ameera Osmanagic

2024-12-12 20:05:07

Parliament has passed the Foreign Currency Bill yesterday, which mandates businesses to exchange dollars entering the Maldives through Maldivian banks.

The bill was passed during Thursday's parliamentary sitting with 56 votes out of the 67 members who participated in the vote.

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