Foreign Currency Act: What businesses need to know

The First Amendment to the Foreign Currency Act, Gazetted on 1 September 2026, introduces several changes relating to foreign currency conversion, conversion deadlines and the requirements for Category C businesses.
The Foreign Currency Act (Law No. 32/2024) was recently amended. The First Amendment to the Foreign Currency Act, Gazetted on 1 September 2026, introduces several changes relating to foreign currency...
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Maldives National Debt 94,001,001,001.00 MVR for every single Maldivian

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