Thayyib Shaheem, a prominent opposition social media activist, is under arrest on suspicion of sowing discord among the public with false information on social media and inciting fear and panic about the H1N1 swine flu virus.
The agreement with the Reserve Bank of India was the Maldives’ first currency swap deal.
The rules were aimed at alleviating a persisting dollar shortage and tackling an entrenched black market.
From January 8 onward, travellers can buy up to US$500 dollars per ticket through an online portal or at any BML branch. But the dollars must be collected from a dedicated area at the Velana International Airport after checking in at the departure terminal.
The MMA confirmed to the Maldives Independent that it invested in a US$140 million government-guaranteed bond issued by the Maldives Airports Company Ltd on November 15, two days before the attorney general announced the payment of US$271 million in damages to the Indian infrastructure firm.
Reserves at the Maldives Monetary Authority readily available for use in the foreign currency exchange market declined by US$1.5 million in July as the central bank took steps to alleviate a dollar shortage.
The opposition has renewed calls for Yameen’s arrest, claiming it has new evidence he instructed the central bank to halt an inquiry into the Maldives’ biggest ever corruption scandal.
The new Maldivian rufiyaa note series unveiled last night “represents the Maldives, and the identity of Maldivians” and “attempts to encapsulate all the innate factors that define our country, and our ancestral identity,” the central bank said.