https://www.taxtmi.com/news?id=46598 A bilateral currency swap between the Reserve Bank of India and the Maldives Monetary Authority boosted the Maldives' foreign exchange reserves and alleviated imminent external liquidity strains, working in tandem with tourism receipts and the Foreign Currency Act which mandates tourism-related businesses to convert a portion of foreign-currency receipts. en-us Sat, 14 Jun 2025 20:46:03 +0530 Sat, 14 Jun 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46598 A bilateral currency swap between the Reserve Bank of India and the Maldives Monetary Authority boosted the Maldives' foreign exchange reserves and alleviated imminent external liquidity strains, working in tandem with tourism receipts and the Foreign Currency Act which mandates tourism-related businesses to convert a portion of foreign-currency receipts. News - Sat, 14 Jun 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=46598