News
Central Bank intervenes on Forex market once again
The Bank of Mauritius has intervened again on the domestic foreign exchange market again and sold a total amount of USD15million at the rate of Rs42.90/USD.
The move comes less than two weeks after the historical intervention of USD200million (Rs 8.6billion) at the rate of Rs 42.95/USD.
Analysts said there is a deliberate move to appreciate the Rupee.