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One of the leading tourism sector businessmen in the Maldives, 'Champa Uhchu' Mohamed Manik has requested the government to suspend the regulations they set in place which stipulate that tourism foreign income must be deposited in local banks.
A letter sent to the Maldives Monetary Authority by Moosa raises the concern that depositing USD 500 per each tourist that stays at a resort would result in major loss to businesses.
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