Both options under Forex Bill will yield same results: President Muizzu

President Dr Mohamed Muizzu has said that the two options provided in the Forex Bill currently in Parliament, will yield the same results.

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President Muizzu during a ceremony held in Huraa during his tour of Kaafu atoll islands -- Photo: President's Office

Malika Shahid

2024-12-10 10:41:35

President Dr Mohamed Muizzu has said that the two options provided in the Forex Bill currently in Parliament, will yield the same results.

The bill, prepared by the Maldives Monetary Authority (MMA) and revised after public consultations, proposes two options for businesses in the tourism sector to exchange their foreign currency earnings through Maldivian banks.

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