Dr. Rama Sithanen, Governor of the Bank of Mauritius (BoM), discussed major changes in the financial landscape at the University of Mauritius International Research Symposium on...
In a desperate plea echoing across the island nation, Mauritian importers are calling for a radical shift away from the almighty dollar. Faced with crippling shortages...
In its first intervention of 2025, the Bank of Mauritius (BoM) has injected $10 million into the foreign exchange market. This operation was conducted at an...
The Indian rupee has experienced a decline against the US dollar, as the value of the dollar surged against all major world currencies in the aftermath...
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...
Mauritius’ central bank, the Bank of Mauritius, places great importance on the domestic foreign exchange market. The regulatory body monitors the market’s daily operations closely, according...
A shocking revelation has rocked the foreign exchange market in Mauritius, as a bank has been accused of offering to pay importers more than the market...
Despite Bank of Mauritius intervention, the currency market continues to face challenges caused by difficulties in obtaining currencies for import settlements, increased imports, inflation, and speculation. ...
Inaugurating a new branch of the Development Bank of Mauritius (DBM) in Rivière-des-Anguilles on Thursday, Finance Minister Renganaden Padayachy strongly criticized speculators and companies withholding foreign...