The End-of-Mission statement of the IMF Staff that has just completed 2022 Article IV Mission to Mauritius has come as cold shower. It has urged the...
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 Gross Official International Reserves (GOIR) of the country increased from Rs341.1 billion (equivalent to USD7.75billion) as at end-February 2022 to Rs361.4 billion (equivalent to USD8.12...
Reform party leader Roshi Bhadain has warned of forex hoarding after the Bank of Mauritius sold USD200 million (equivalent to Rs 8.6 billion) on the domestic...
The Bank of Mauritius (Bank) has intervened on the domestic foreign exchange market for an amount of USD 200 million, equivalent to Rs 8.6 billion. “This...
The Bank of Mauritius has warned that counterfeit Rs 2,000 notes are currently in circulation. A representative of the BoM filed a police complaint about the...
Opposition Leader Xavier-Luc Duval has accused the Minister of Finance Dr Renganaden Padayachy of lying on the balance sheet of the Bank of Mauritius and “that...
“We are in a state of economic emergency, with very serious social implications,” Senior economist and ex-Minister of Finance Rama Sithanen has warned. He has urged...
The rupee was set to close at its lifetime low of 45 (provisional) against the US Dollar on March 25 amid poor tourism arrivals and intensifying...
An ongoing trial in a US Court last week has revealed that international fugitive financier Low Taek Jho (Jho Low) wanted to buy a Mauritian bank...
