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Black Market Dollar Soars Above MVR 18.20 Amid Supply Shortages

The black-market US dollar rate in the Maldives has risen above MVR 18.20 amid reported supply shortages and stricter bank limits on dollar transactions. The government's pledge to resolve the dollar crisis within three months passed without a solution, and Bank of Maldives card limits remain at or below pandemic-era levels.

Tracked above MVR 18.20 Street dollar rate

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Sources 1carried it 1 of 19 news outlets we monitor
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  • above MVR 18.20 Black-market US dollar exchange rate Maldives Republic The black-market dollar rate has surged above MVR 18.20 per dollar, driven by a sharp rise in demand and dwindling supply.

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