India Extends $400 Million Currency Swap Facility to Support Maldives’ Economic Resilience
In a significant boost to the Maldives’ economy, India has agreed to provide a US$400 million currency swap facility, reinforcing the enduring partnership between the two nations. The agreement, a timely intervention during global financial challenges, will enhance the Maldives’ foreign exchange reserves and ease current foreign debt pressures. President His Excellency Dr. Mohamed Muizzu […]