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MALDIVES<br />
......................................................................................................................................................................................................................................................................................................................................................................................<br />
Jumhooree Maidan<br />
(Republic Square)<br />
The fruit and vegetable<br />
market<br />
most densest populated places on earth. It is the centre<br />
for business, politics, education and health care.<br />
Economy: In the earliest days, cowrie shells,<br />
coir rope, weaving and turtle shells were important<br />
components. Then for centuries tuna fishing and dried<br />
tuna export was the mainstay. In the second half of the<br />
last century, into this one, shipping played a significant<br />
12<br />
role. Today it is tourism that has<br />
enabled the country to establish a<br />
modern, open economy.<br />
Currency: The local currency is<br />
Rufiyaa. At the time of publication,<br />
the exchange rate is pegged between<br />
Rf 10.28 and Rf 15.42 to a US Dollar. If<br />
you are heading to a resort, you need<br />
not worry about local currency as all<br />
your bills at the resort can be paid by<br />
US Dollar, Euro or any other European<br />
currency.<br />
All major credit cards are also<br />
accepted at the resorts. However, if<br />
you are visiting Male’ or any of the<br />
local islands, you will need to hold<br />
local currency for purchases you may<br />
wish to make.<br />
Education: Maldives boasts<br />
one of the highest literacy rates in the<br />
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