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...
A recent economic report by AXYS, a Mauritius-based portfolio management company, revealed that the US dollar has appreciated against the Mauritian rupee over the past 10...
The Mauritian rupee has appreciated against the US dollar in recent months, despite an increase in currency circulation towards the end of the year. While December...
In response to question B/1250 raised on October 24, 2023, at the National Assembly, the Finance Minister stated, “The Bank of Mauritius has informed me that...
The Central Bank sold $25 million at a rate of Rs 44.80 per dollar on September 13. This intervention comes just one week after a similar...
The recently released Africa Wealth Report, published in partnership with New World Wealth by Henley & Partners, predicts a substantial increase in Africa’s High-Net-Worth Individual (HNWI)...
Grand-Baie reportedly witnessed an extraordinary incident last week that left people in awe. Three Russians, seemingly out for some fun, made it rain dollars, quite literally....
The Mauritian Rupee keeps struggling against the US dollar, Euro and British Pound. At the interbank foreign exchange on 14 March 2023, the dollar traded at...
Rising inflation, depreciation of the Rupee, shortage of foreign exchange and overall harsh operating environment continue to assail the operations of the FMCG sector. While food...
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...
