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 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 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...
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...
Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the country’s economic...
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...
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...
The country’s official gross international reserves (GIR) have increased from Rs 294 billion to Rs 297.2 billion over the past year. Tourist arrivals between January and...
The Bank of Mauritius, which had intervened four times in the foreign exchange market in September with a total of $100 million, is maintaining its intervention...
The Bank of Mauritius (BoM) made a move in the domestic foreign exchange market on October 04, selling $25 million at a rate of Rs 44.25...