Shift in Monetary Policy, BoM Raises Repo Rate to 4.5%

In a bold move, the Bank of Mauritius has announced an increase in the repo rate from 4% to 4.5%.

This decision came shortly after the first monetary policy committee meeting of the year on Tuesday, 4 February.

Dr. Rama Sithanen, the Governor of the Bank, made the announcement, signalling a pivotal moment.

Source: Defi Media