Maldives has set new foreign currency rules and failure to comply will lead to hefty fines https://www.cnbctv18.com/world..../maldives-introduces

Maldives has set new foreign currency rules and failure to comply will lead to hefty fines - CNBC TV18

Maldives has set new foreign currency rules and failure to comply will lead to hefty fines - CNBC TV18

Maldives wants all tourism-related foreign currency revenue to be deposited in local banks and has restricted most transactions to the Maldivian Rufiyaa (MVR). Failure to comply with the regulation could result in fines ranging from MVR 5,000 to MVR