MP requests meeting with Governor over dollar black market
RARaajje MV – 6 hours ago
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MP Mohamed Ibrahim (Kudoo) has requested a meeting with the Governor of Maldives Monetary Authority, Ahmed Munawar, to discuss changes in the foreign exchange market and the emergence of a black market for dollars. The MP noted that despite the Foreign Exchange Act coming into effect, systemic issues have led to the formation of an unofficial, black market for foreign currency. He requested an urgent meeting to discuss the challenges this poses to the public and the Maldivian economy.