The Maldives Monetary Authority (MMA) is the central bank of the republic of Maldives and was established on July 1, 1981, under the mandate provided by the "MMA Act" of 1981, located in the capital city of Malé. The current governor and chairperson is Ali Hashim[2] and deputy governor is Mr. Ahmed Imad.[2] It is a member of the Asian Clearing Union.
Its primary functions are to issue currency, regulate the availability of Maldivian rufiyaa (MVR), promote its stability, manage licenses, supervise and regulate institutions in the financial sector, formulate and implement monetary policy and to advise the government on issues relating to the economy and financial systems.
The MMA is a member of the Alliance for Financial Inclusion and is active in developing financial inclusion policy.
maldives, monetary, authority, this, article, relies, excessively, references, primary, sources, please, improve, this, article, adding, secondary, tertiary, sources, find, sources, news, newspapers, books, scholar, jstor, october, 2018, learn, when, remove, t. This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Maldives Monetary Authority news newspapers books scholar JSTOR October 2018 Learn how and when to remove this template message The Maldives Monetary Authority MMA is the central bank of the republic of Maldives and was established on July 1 1981 under the mandate provided by the MMA Act of 1981 located in the capital city of Male The current governor and chairperson is Ali Hashim 2 and deputy governor is Mr Ahmed Imad 2 It is a member of the Asian Clearing Union Maldives Monetary AuthorityHeadquartersMaleEstablishedJuly 1 1981 1981 July 01 Ownership100 state ownership 1 GovernorAli HashimCentral bank ofMaldivesCurrencyMaldivian rufiyaaMVR ISO 4217 Reserves560 million USD 1 Websitewww wbr mma wbr gov wbr mvIts primary functions are to issue currency regulate the availability of Maldivian rufiyaa MVR promote its stability manage licenses supervise and regulate institutions in the financial sector formulate and implement monetary policy and to advise the government on issues relating to the economy and financial systems The MMA is a member of the Alliance for Financial Inclusion and is active in developing financial inclusion policy Contents 1 Governors 2 See also 3 References 4 External linksGovernors editMaumoon Abdul Gayoom July 1981 August 2004 3 Mohamed Jaleel September 2004 July 2005 3 Qasim Ibrahim August 2005 April 2007 3 Abdulla Jihad August 2007 July 2008 3 Fazeel Najeeb October 2008 December 2013 3 Azeema Adam April 2014 August 2017 3 Ahmed Naseer August 2017 July 2019 3 Ali Hashim 2019 presentSee also edit nbsp Money portal nbsp Banks portalList of central banksReferences edit a b Weidner Jan 2017 The Organisation and Structure of Central Banks PDF Katalog der Deutschen Nationalbibliothek a b Board of Directors About MMA www mma gov mv Retrieved 2021 09 02 a b c d e f g Maldives Monetary Authority www mma gov mv External links editMaldives Monetary Authority official site nbsp This Maldives related article is a stub You can help Wikipedia by expanding it vte nbsp This Asian bank related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Maldives Monetary Authority amp oldid 1194528822, wikipedia, wiki, book, books, library,
