December 14, 2024 01:29 (IST)
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Traders flee Maldives amid escalating default risk as foreign currency crisis deepens: Report

Traders flee Maldives amid escalating default risk as foreign currency crisis deepens: Report

Sep 06, 2024, at 04:48 am

Male: The selloff of Maldives' Islamic bonds has worsened, with the dollar-denominated sukuk maturing in 2026 falling below 70 cents this week, a new record low, Bloomberg reported.