Business
Bank of Mauritius Injects $15 Million into Foreign Exchange Market
The Bank of Mauritius has intervened in the domestic foreign exchange market for the second time this year, selling a total of $15 million.
The operation, which took place today, 9 March, saw the central bank offload the funds at a rate of Rs 46.15 per dollar.
This move mirrors the bank’s first intervention of 2026 on 14 January, where an identical sum was injected at a similar rate.
Declining Need for Intervention
The Governor of the Bank of Mauritius, Dr Priscilla Muthoora Thakoor, previously indicated that the recovery of the national foreign exchange market has lessened the requirement for regular central bank involvement.
This trend is reflected in recent annual figures. In 2025, the bank sold a total of $220 million, a significant decrease from the $370 million sold throughout 2024.
Recent Activity
Since the final Monetary Policy Committee meeting of 2025 and the subsequent meeting held in February 2026, the central bank has sold a combined total of $40 million to support the domestic market.
| Period | Total USD Sold |
| 2024 (Full Year) | $370 million |
| 2025 (Full Year) | $220 million |
| 2026 (To Date) | $30 million |
Source: Defi Media