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Marginal increase in Mauritius’ reserves, 2 months after major drop

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The Gross Official International Reserves (GOIR) of the country increased marginally from July 2022 to August 2022.

It amounted to Rs316.9 billion (equivalent to USD7.07billion) as at end-August 2022 compared to Rs316.57billion (equivalent to USD7.01bilion) as at end-July 2022.

Based on the imports of goods and services in 2021, the GOIR represented 15.0 months of imports as at end-August 2022.

Between June and July, international reserves had dipped by Rs29.4 billion (to US $7.01billion as at end July 2022, from US$7.63billion as at end June 2022).

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