70 resorts lodge complaints at MMA against forex regulation

Seventy resorts have submitted complaints to the central bank Maldives Monetary Authority regarding the regulations that require tourist establishments to exchange a determined amount of dollars at local banks each month.

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Maldives Monetary Authority Building in Male'. PHOTO/MOHAMED SHARUHAN/MIHAARU

Mariyath Mohamed

2024-11-28 13:55:51

Seventy resorts have submitted complaints to the central bank Maldives Monetary Authority regarding the regulations that require tourist establishments to exchange a determined amount of dollars at local banks each month.

While this has been reported in Mihaaru News, MMA has not officially confirmed this as of yet.

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