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'Things are clearly much, much worse...': Traders dump Maldives amid growing default risk. Will India step in?
Recent moves by the Bank of Maldives to cap foreign currency spending, coupled with a second Fitch downgrade since June, have triggered a rush to offload holdings.
Recent moves by the Bank of Maldives to cap foreign currency spending, coupled with a second Fitch downgrade since June, have triggered a rush to offload holdings.
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