RasMalé promises investment on an unprecedented scale. But beyond the headline numbers, the key question is how much economic value…

Before pursuing policies aimed at reducing the economy’s reliance on the US dollar, it is essential to understand why dollarisation…

The Maldives faces rising living costs, persistent foreign-exchange pressures and deeper structural weaknesses in its economy. Restricting discussion of these…

The US dollar trades in the Maldives at prices far above the official exchange-rate band, including through licensed money changers….

Dhathivejje puts inflation and the black-market dollar at the centre of public attention. Behind those pressures lie deeper questions about…

The shortage of US dollars in the Maldives is not simply a foreign exchange problem. Persistent fiscal deficits, rising expenditure…