President Mohamed Muizzu directed the Maldives Monetary Authority and the Bank of Maldives to raise the foreign exchange limit on BML debit cards for Maldivians travelling for Umrah during Ramadan. The limit rises from $250 to $1,750 per pilgrim at the official rate of 15.42 MVR to the dollar.
One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
On Monday, the President directed the Maldives Monetary Authority (MMA) and the Bank of Maldives (BML) to increase the foreign exchange limit on BML debit cards for those undertaking the sacred pilgrimage.
Word for word from the report in The Standard. Open the report
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Currently, the limit for accessing foreign currency through BML debit cards is set at $250.
Word for word from the report in The Standard. Open the report
under President Muizzu’s new directive, each pilgrim will now be allowed to access up to $1,750
Word for word from the report in The Standard. Open the report
each pilgrim will now be allowed to access up to $1,750, a $1,500 increase from the original limit
Word for word from the report in The Standard. Open the report
Umrah travelers will be able to access the funds they need at the official exchange rate of 15.42 MVR to the dollar
Word for word from the report in The Standard. Open the report
