MMA Introduces New MVR 100 Notes Amid Rising Demand

The Maldives Monetary Authority (MMA) has introduced a new stock of MVR 100 notes to address a shortage in the existing supply of the Randhiha Faheh series.

The central bank confirmed that the new notes were brought in on Monday to meet the rising demand. Sources indicate that the increase in demand follows the Bank of Maldives’ recent expansion of ATMs across the country.

The Randhiha Faheh series, printed on polymer paper and featuring enhanced security measures, was first issued on 1 November 2015.