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Site title: Atoll Times

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MMA increases weekly dollar allocations to banks by 51%
The central bank said on Tuesday that the increase will take effect this week and continue for the next three weeks.

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$2B in tourism revenue didn't enter Maldives banks in 2025: MMA
Statistics shared by the central bank with the media on Tuesday show that tourism businesses generated USD 5.7 billion in revenue last year.

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MTDC exploring new route for Maguhdhuvaa lease deal, source says
According to information previously reported, MTDC had sought to sell the head lease for USD 1.5 million.

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MMA to scrap $500 forex option; requires 20% revenue conversion
Resorts would also be required to use Point of Sale (POS) terminals that route payments into accounts maintained with banks in the Maldives.

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Raaghib set for court appointment despite proven misconduct
The JSC recently decided to select Raaghib as one of three candidates to fill vacancies on the Civil Court bench.

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