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Updated: 2:46 am Apr 19, 2026

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As Male faces stress, India weighs currency swap extension

India is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compounded by regional conflicts. While India has previously offered substantial financial aid, current regulations present hurdles to fulfilling this latest request. A denial could further strain the Maldives' finances in the near future. Major debt repayments are also looming.

18 Apr 2026 11:18 pm

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