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Maldives’ De-Dollarisation Efforts Lose Steam Amid Economic Concerns

The article reports that the Maldives' efforts to de-dollarise the economy and promote the Maldivian rufiyaa have lost momentum amid economic challenges and the impact of the COVID-19 pandemic, which reduced foreign exchange inflows and increased reliance on US dollars. It argues that continued de-dollarisation is important for greater financial independence and stability.

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Sources 1carried it 1 of 19 news outlets we monitor

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

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