After staring down disgruntled tourism oligarchs over a requirement to convert foreign currency earnings, President Muizzu has offered a compromise. The Bank of Maldives suspended foreign currency ...

When travelling, you'll want to figure out what you're doing for currency exchange ahead of time. Local banks or credit unions may be the most convenient and affordable place to exchange currency.

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 ...