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...
HSBC (Mauritius) has reportedly issued an alert that its logo and branding elements have been usurped by scammers – claiming to offer loan facilities from the...
Senior Economist Eric Ng is very critical towards the Bank of Mauritius. “Never before had the BoM stooped to misleading the citizens of the country. Its top...
In June 2014, the Bank of Mauritius issued the Guideline for Dealing with Domestic-Systemically Important Banks (D-SIBs) which sets out the methodology to be applied for assessing the...
The Central Bank has issued new guidelines to set out the procedures and guidance to be followed by banks to determine borrowers’ repayment capacity when granting credit facilities for the purchase/construction of residential properties in Mauritius. ...
Despite the “clarification” of the Bank of Mauritius on the “advance on future profits” (of Rs28billion) granted to the Government, Opposition leader Xavier Duval will reportedly...
