Foreign Exchange Market: BoM Injects $10 Million

In its first intervention of 2025, the Bank of Mauritius (BoM) has injected $10 million into the foreign exchange market. This operation was conducted at an exchange rate of Rs 46.75 per dollar.

This action is part of the central bank’s regular measures aimed at stabilizing the local currency market amid ongoing pressures on the Mauritian rupee.

It is worth noting that during its previous intervention, the BoM also injected $10 million, but at a slightly different rate of Rs 46.50 per dollar.

The ongoing efforts by the Bank of Mauritius to support the rupee underscore the bank’s commitment to maintaining currency stability in the face of fluctuating market conditions.

Source: Le Mauricien