In a significant development in the ongoing battle against financial crime, the Financial Crimes Commission (FCC) has seized foreign currency amounting to Rs 18.7 million. This...
Dramatically, the dollar has suffered a staggering fall, losing over 2.6% against the euro on Thursday, 3rd April. This downturn comes just a day after President...
In the landscape of Mauritius’s foreign exchange availability, Thierry Hebraud, the CEO of the Mauritius Commercial Bank (MCB), has stepped into the fray to address mounting...
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...
In the face of a severe shortage of US dollars on the market, money changers in Mauritius are forced to reduce the transfer limit to allow...
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...
The Bank of Mauritius made a significant move on the foreign exchange market this Monday, April 1st. The central bank sold a substantial amount of 5...