Bank of Mauritius Holds Key Interest Rate at 4.50%, a Signal of Caution

Mauritius’s benchmark interest rate will remain at 4.50% following the first Monetary Policy Committee (MPC) meeting of 2026. The decision, reached during the committee’s 77th session on 11 February, marks a continued commitment to economic stability.

Inflation Targets Dictate “Prudent” Hold

The move to maintain the status quo was described by Central Bank Governor Dr Priscilla Muthoora Thakoor as a “prudent” decision.

Speaking after the meeting, Dr Thakoor emphasised that the choice was heavily influenced by a rigorous assessment of inflation forecasts, both on the international stage and within the local market.

The primary objective remains keeping price growth within the specific target range established by the central bank.

Policy Consistency

This latest announcement follows the trend set late last year, as the MPC had previously opted to keep the rate at 4.50% during its November meeting.

By avoiding a rate hike or cut, policymakers are navigating a path between global economic projections and domestic financial targets.

Source: Defi Media