US Dollar exchange rate surges again

The exchange rate of US Dollars in the Maldivian “black market” has once again risen to MVR 18.00.

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US Dollar exchange rate surges above MVR 18 once again--

Mohamed Rehan

2023-08-22 11:48:29

The exchange rate of US Dollars in the Maldivian “black market” has once again risen to MVR 18.00.

US Dollars is currently exchanged for Maldivian Rufiyaa at rates between MVR 18.10 to MVR 18.30. According to a local currency exchanger, Dollar rates rose over MVR 18 last week due to a scarcity of available cash for exchange.

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