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...
Mauritius, heavily reliant on imports, faced a trade deficit of Rs 47 billion in Q2 2023, a 17.9% increase from the previous quarter. Availability of foreign...
The Bank of Mauritius intervened again in the foreign exchange market, selling $25 million at a rate of Rs 44.50 per dollar on September 27. This...
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...
