The Maldives had a free-floating exchange rate between 1987 and 1994, and the exchange rate of US dollars (USD) in terms of Rufiyaa (MVR) ranged between MVR8.50 and 11.50. In...
President Ibrahim Mohamed Solih, in his presidential address on 7 February 2019, stated that his Administration aims to raise the foreign currency reserves to USD1 billion by the end of...