archiveindia buys maldives treasury bills

Currencies

India rolls over $50 million worth Treasury Bill to help Maldives

External Affairs Minister S. Jaishankar with Minister of Foreign Affairs of Maldives Abdulla Khaleel during a meeting, in New Delhi, on January 3, 2025. | Photo Credit: PTI Even as the Maldives attempts to stabilise its economy amid challenges of high public debt and a widening fiscal deficit, India has rolled over a $50 million-treasury bill to support the neighbouring island nation. In a statement on Monday (May 12, 2025), the High Commission of India in capital Malé said following a request from the Government of Maldives, the State Bank...