The Bank of Mauritius could be one among the Central Banks of six sub-Saharan African countries that are likely to leave borrowing costs unchanged over coming weeks. This coincides...
The Bank of Mauritius and the Information and Communication Technologies Authority (ICTA) have have signed a Memorandum of Understanding – as a follow-up to recent amendments brought to the Banking...
Lord Meghnad Desai, former Chairperson of the Mauritius Investment Corporation (MIC, has slammed the International Monetary Fund (IMF) claiming it uses “old logic” and “who cares what...
As the USD traded at Rs42.95 on July 6 after hitting an all-time high (Rs43) a few days earlier, experts fear “we are far from reaching the end of...
Total leasing facilities granted to the household and business sectors amounted to Rs20.6 billion as at end-March 2021, latest figures from the Bank of Mauritius show. The motor...
Broad Money Liabilities (BML) rose by Rs2.6 billion or 0.3%, from Rs763.3 billion as at end-April 2021 to Rs765.9 billion as at end-May 2021, mostly reflecting...
The Governor of the Bank of Mauritius, Harvesh Seegolam, has come under fire from barrister Akil Bissessur after the latter brandished what he called discrepancies regarding...
The Bank of Mauritius (BoM) engaged in a “brutal and massive” depreciation of the rupee on Monday, l’Express reported. “And this, by imposing an exchange rate of Rs 42.50 for the...
Foreign workers transferred Rs 2.06 billion out of Mauritius in the first quarter of 2021 against Rs 2.01 billion for the same period last year, according...
The Mauritius Investment Corporation (MIC), a subsidiary of the Central Bank, will have a new chairman as from From July 15, 2021. Defi Media announced that the appointment of...