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Barceló Nasandhura Accused of Forcing USD Payments for Events, Raising Foreign Currency Law Questions
Event organizers say Barceló Nasandhura required them to pay in US dollars or in rufiyaa converted at an unofficial rate of about MVR 20 per dollar, raising questions about compliance with Maldivian foreign currency rules. The hotel and relevant authorities have not publicly responded to the allegations.
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Figures in these reports
as written, with the sentence they come from
approximately MVR 20 per dollarUnofficial exchange rate applied to event paymentsThe Standardeither directly in USD or converted into MVR using a rate of approximately MVR 20 per dollar , a rate widely regarded as a black market exchange value.
Word for word from the report in The Standard. Open the report
