Between July 1 and September 18, the Bank of Mauritius (BoM) sold $270 million to local banks as part of its efforts to manage excess rupees...
The Bank of Mauritius has reduced its key interest rate to 4%, prompting commercial banks to adjust both their borrowing and savings rates downward. This decision,...
As the end of the year approaches, Mauritius is grappling with a significant shortage of foreign currency, a situation that has been exacerbated by sustained high...
On Monday, August 5th, the Bank of Mauritius (BoM) sold 20 million US dollars at an exchange rate of 46.40 Mauritian rupees per dollar. This action...
In a bid to address the concerns of individuals and businesses regarding the availability of foreign exchange, the Bank of Mauritius (BoM) has established a dedicated...
In response to concerns about the shortage of foreign currencies in Mauritius, the Governor of the Bank of Mauritius, Harvesh Seegolam, has assured that the situation...
The Monetary Policy Committee (MPC) of the Bank of Mauritius (BoM) has decided, with unanimous agreement, to maintain the interest rate at 4.50% at its meeting...
The Bank of Mauritius (BoM) took decisive action on the foreign exchange market on Monday, July 8, selling $50 million at a rate of Rs 46.76...
In a major development, the Bank of Mauritius has accorded Hongkong and Shanghai Banking Corporation Limited (HSBC) its approval to transfer a portion of its activities...
The Monetary Policy Committee (MPC) met on Wednesday, April 3, at the headquarters of the Bank of Mauritius (BoM) and decided to maintain the key rate...
