By Jessica Blumenthal, Nashenta Vuddamalay Zindel, Laksha Juddoo, Varni Veerabudren – ENS Africa As African countries grapple with the measures necessary to meet their nationally determined commitments (“NDCs”)...
The Bank of Mauritius (BoM) has raised the Key Repo Rate (KRR) by 75 basis points to 3.00% per annum at its meeting held on 28...
Former Bank of Mauritius Governor Rundheersing Bheenick is reportedly suing the State, the Police Commissioner and Heman Jangi, Head of the Central CID for Rs50million. The...
Bank One has inaugurated its new Corporate Offices at the Astrolabe Building located at Port Louis Waterfront. The opening of the bank’s new offices is said...
Gross direct investment (GDI) flows in Mauritius stood at Rs4.69 billion in 2022Q1 compared to Rs2.6 billion in 2021Q1, representing a rise of almost 70%. According...
Several changes are expected in the financial sector by the end of the year. The Bank of Mauritius (BoM) will have a new legal framework –...
The Bank of Mauritius has just issued a new Guideline on the use of cloud services which, despite their known advantages, “can expose financial institutions to...
The Gross Official International Reserves (GOIR) of the country increased marginally from July 2022 to August 2022. It amounted to Rs316.9 billion (equivalent to USD7.07billion) as...
The US Dollar shot up by 2.59% to reach Rs45.50 on Wednesday August 10 from Rs44.35 in the previous trading session. This pushed the Bank of...
International reserves declined to US $7.013billion as at end July 2022, down from US$7.63billion as at end June 2022. In Rupee terms, reserves fell by Rs29.4...
