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Maldives , Thursday 15 October 2026

Amid tense ties, Maldives wants to settle payment for imports from India in local currency

Published on: Friday 12 April 2024

Amid tense ties, Maldives wants to settle payment for imports from India in local currency In July 2023, Government of India had declared that Maldives was among the 22 countries that had been permitted by the Reserve Bank to open Special Rupee Vostro Accounts (SRVAs) as part of efforts to promote bilateral trade in local currencies.



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