The house of a Mauritius embassy staffer in Chennai was among the three premises being searched by India’s Enforcement Directorate (ED) this Thursday. According to the...
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 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 Mauritius Post Foreign Exchange (MPFE) Co Ltd has launched its Integrated FOREX Application System and money changing services. Speaking at its launch, ICT Minister Deepak...
Mauritius Police are reportedly investigating a suspected large-scale forex scam by unregulated and illegal online trading brokers, who promise them a good return on their investments....
The Bank of Mauritius (BoM) intervened on the Domestic foreign exchange market on Wednesday and sold an amount of USD100 million dollars at a rate of...
International reserves declined to US $7.013billion as at end July 2022, down from US$7.63billion as at end June 2022. In Rupee terms, reserves fell by Rs29.4...
Rose Belle Police have arrested a currency dealer for running an illegal business of foreign exchange. The Anti-Drug and Smuggling Unit (ADSU) conducted a raid in...
Mauritius-based online currency trader HFM Investments Limited has launched its operations in Kenya under the HotForex brand, becoming the sixth company to set up shop in...
Foreign Exchange Dealers and Money Changers, including those of Western Union, have been authorized to resume their activities as from this Friday, l’Express announced. The decision follows a...