Spreading lies about dollar shortage to raise prices: Shareef
ADAdhadhu – 5 hours ago
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BML CEO Mohamed Shareef stated that false information about a dollar shortage is being spread to increase the dollar's price in the black market. Speaking at the Youth Entrepreneurs Expo, Shareef expressed concern about potential damage to the bank. While BML sold an average of $37 million per month in 2023, this figure has now risen to $80 million. Shareef acknowledged that the bank faces a challenge with more dollars needing to be sold than can be purchased.