A statement by Malachy McAllister that he never resigned as CEO of AfrAsia Bank’s and that his employer “abruptly and wrongfully terminated” his contract is viewed...
After concluding the Article IV consultation with Mauritius, the Executive Board of the International Monetary Fund (IMF) has insisted again on the need for the island’s...
Opposition MMM leader Paul Berenger has accused the Central Bank as being a “department of the Ministry of Finance because it is funding the country’s budget’....
While all focus was on the 2022/2023 Budget and ensuing discussions, a note posted by the Economic Analysis & Research and Statistics Department of the Bank...
The Financial Services industry has demonstrated strong resilience with a growth rate of 4.2 % last year, according to Finance Minister Renganaden Padayachy. In his budget...
The Monetary Policy Committee (MPC) of the Bank of Mauritius (Bank) has raised the Key Repo Rate (KRR) by 25 basis points to 2.25% per annum...
Foreign Direct Investment (FDI) is falling: the country attracted Rs15.4 billion in 2021 against Rs 16.9 billion in 2020. According to latest Bank of Mauritius figures,...
The non-publication of the Bank of Mauritius’ Balance Sheet has sparked serious questions on its transparency. After the recommendations of the International Monetary Fund to disengage...
Mauritius’ Central Bank has come under attack by Opposition Leader Xavier-Luc Duval, who claims that it failed to comply with Section 32(5) of Bank of Mauritius Act....
The Bank of Mauritius has intervened again on the domestic foreign exchange market and sold a total amount of USD20 million at the rate of Rs43.00/USD....