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BML increases dollar allocations for TTs following MMA move
Summary by Hotelier Maldives
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BML increases dollar allocations for TTs following MMA move
Bank of Maldives (BML) has decided to increase its US dollar allocations for Telegraphic Transfers (TTs) for three weeks following a move by the Maldives Monetary Authority (MMA) to increase foreign currency allocations to banks. BML announced the decision on Wednesday, saying the amount allocated for TTs would be increased based on the bank’s dollar […] Source
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