ReferIndia News India extends financial support to Maldives under SAARC

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India extends financial support to Maldives under SAARC

Published on: April 29, 2026, 1:25 a.m. | Source: The Economic Times

India has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under the SAARC framework. The facility will help the Maldives manage foreign exchange needs and economic pressures. This support underscores the strong partnership between India and the Maldives.

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