Maldives Introduces New Foreign Currency Rules

Maldives Introduces New Foreign Currency Rules: Here's What Tourists Should Be Aware Of
Maldives last month averted a potential default on an Islamic bond payment after India extended a USD 50 million interest-free loan.
New foreign currency rules set in Maldives
Dollar-starved Maldives has floated a new foreign currency regulation, limiting types of transactions allowed in foreign currency and imposing mandatory foreign currency exchange controls on tourism establishments and banks.
Group Urges IRS to Tweak Rules on Foreign-Currency Elections
Some of the changes the IRS is proposing for how certain companies record foreign currency gains and losses in their income aren’t always appropriate and should be revised, a business group said Monday.
Maldives Enforces New Foreign Currency Rules, Heavy Penalties For Violators
The Maldives Monetary Authority introduced the regulation on October 1, mandating that all foreign currency revenues generated by the tourism industry must be deposited in local banks
Maldives introduces new foreign currency rules amid dollar shortage
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.
Maldives Implements New Currency Exchange Rules Amid Economic Challenges
Maldives introduces new foreign currency regulations due to economic strain. The rules limit foreign currency transactions and enforce mandatory exchanges within the tourism sector. The Maldives is tackling foreign debt and a currency shortage,
Maldives Tightens Rules on Tourism Industry Transactions, Mandates Currency Exchange - All You Need To Know
The Maldives has introduced new foreign currency regulations, requiring tourism operators to deposit foreign currency earnings in local banks and mandating currency exchange of at least USD 500 per tourist.
Maldives notifies new foreign currency rules
Maldives has introduced new rules requiring all foreign currency earnings from the tourism sector to be deposited in local banks. The regulation mandates transactions within the country to be in Maldivian Rufiyaa,
agenda.ge9h
National Bank of Georgia sells $60mln in foreign exchange auction amid market stabilisation efforts
The National Bank of Georgia sold $60 million at the foreign exchange auction on Wednesday in a move to “stabilise” the ...
Новости Украины5h
China's foreign exchange reserves up 0.86 pct in September
China's foreign exchange reserves totaled 3.3164 trillion U.S. dollars at the end of September, up by 28.2 billion dollars, ...
Ethiopia Plans Tight Monetary Policy Following Currency Reform
Ethiopia will keep interest rates high for the rest of the year to combat transitory inflation caused by an overhaul of its ...
데일리엔케이1d
N. Korea exorts building supplies from currency traders in flood recovery scheme
North Korea is forcing arrested money changers to donate building materials for flood relief instead of sending them to labor ...
7 Best Currency ETFs to Buy Now
This U.S. dollar-based ETF follows the dollar against six of the world's most prominent currencies: the euro, the Japanese ...