India  

India-Maldives currency swap: RBI’s $400 million support lifts FX reserves; Fitch cites easing of liquidity strain in rating note

IndiaTimes Saturday, 14 June 2025
India has welcomed the Maldives' improved foreign exchange reserves, acknowledging the significant role of the $400 million currency swap between the RBI and MMA in easing liquidity pressures. Fitch Ratings recognized India's critical support in bolstering the Maldives' reserves, alongside strong tourism and new forex regulations. Despite this, the Maldives faces ongoing fiscal and external challenges.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

PM Modi’s Maldives Visit EXPOSES China’s Debt Trap! Mohamed Muizzu’s Strategic Shift | Full Report [Video]

PM Modi’s Maldives Visit EXPOSES China’s Debt Trap! Mohamed Muizzu’s Strategic Shift | Full Report

Prime Minister Narendra Modi’s visit to the Maldives has emerged as a key geopolitical moment in the Indian Ocean. In this exclusive ground report, Senior Journalist Umashankar Singh brings you..

Credit: Oneindia     Duration: 09:13Published
Maldives Tourism Minister Thoriq Ibrahim on PM Modi’s Visit & Boosting India-Maldives Tourism Ties [Video]

Maldives Tourism Minister Thoriq Ibrahim on PM Modi’s Visit & Boosting India-Maldives Tourism Ties

PM Modi's visit to the Maldives marks a historic moment in strengthening India-Maldives relations. In this exclusive interview, Maldives Tourism Minister Thoriq Ibrahim shares insights on how the visit..

Credit: Oneindia     Duration: 06:43Published
Modi’s Maldives Mission: India Tightens Its Grip on Maldives Ahead of Chinese Encroachment [Video]

Modi’s Maldives Mission: India Tightens Its Grip on Maldives Ahead of Chinese Encroachment

Prime Minister Narendra Modi’s upcoming visit to the Maldives isn’t just a diplomatic gesture — it’s a strategic message to the Indo-Pacific. As Maldives marks its 60th Independence Day, Modi..

Credit: Oneindia     Duration: 02:39Published