Economic Development and Trade Minister Mohamed Saeed said the government will hold consultations with India and China on paying for imports in Maldivian Rufiyaa, including a currency swap agreement with China. Speaking at a campaign rally at Maavah Island in Laamu Atoll, he also tied a stronger rufiyaa and a lower dollar rate to an opposition-aligned parliamentary majority.
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.
Saeed further elaborated that the administration was working diligently to bring all the world’s most popular e-wallet services to the Maldives and that formal talks will be held with Alipay and WeChat on 14 April to bring their services to the country.
Word for word from the report in Maldives Republic. Open the report
Should we get a majority in parliament, the Maldivian Rufiyaa will strengthen by 30 to 40 percent against the dollar. What will be the result? The dollar will fall below 15.42 in the future… This is what you would ask of the country’s Pres…
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The minister said trade with India amounted to US$780 million and China US$720 million every year and all signs point to the possibility of a non-dollar payment arrangement for the goods imported into the Maldives.
Word for word from the report in Maldives Republic. Open the report
The minister said trade with India amounted to US$780 million and China US$720 million every year and all signs point to the possibility of a non-dollar payment arrangement for the goods imported into the Maldives.
Word for word from the report in Maldives Republic. Open the report
