The recent interest rate cut by the US Federal Reserve (Fed) will offer little more than temporary relief for the Mauritian Rupee (MUR), as persistent local...
The Bank of Mauritius intervened in the foreign exchange market on August 5 2025, selling $20 million at an exchange rate of Rs 45.70 per dollar....
The US dollar weakened again on Wednesday 25th June, pressured by ongoing economic uncertainties and a pause in tensions between Iran and Israel.Shaun Osborne from Scotiabank...
In the foreign exchange sphere, the Bank of Mauritius (BoM) made a decisive move on Monday, 24 March, by selling 15 million US dollars at an...
In a transformative move set to redefine trade relations, Mauritius has entered into a historic agreement with India, allowing for the use of Mauritian and Indian...
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...
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...
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...
