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Central Bank says country’s international reserves just went up

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Central Bank says country's international reserves just went up

The Gross Official International Reserves (GOIR) of the country increased from Rs341.1 billion (equivalent to USD7.75billion) as at end-February 2022 to Rs361.4 billion (equivalent to USD8.12 billion) as at end-March 2022.

This has been announced by the Bank of Mauritius in its Monthly Statistical Bulletin March 2022 – that has just been released.

Compared to end-March 2021, the GOIR rose by Rs63.3 billion. The GOIR represents 17.0 months of imports as at end-March 2022.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.