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....
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...