Facing a concerning economic situation marked by the rupee’s depreciation and persistent inflation, Prime Minister Navin Ramgoolam on Tuesday, July 15, explained the specific steps his...
Since February 2025, the Bank of Mauritius has injected USD 25 million into the foreign exchange market to reduce the rupee’s volatility. These interventions have helped...
The Governor of the Bank of Mauritius (BoM), Rama Sithanen, accompanied by Deputy Governors Rajeev Hasnah and Gérard Sanspeur, has expressed urgent concerns over the significant...
The appointment of a new governor at the Bank of Mauritius is part of a strategy aimed at restoring the value of the rupee. Revaluing the...
The newly elected government of Mauritius, led by Navin Ramgoolam, faces significant economic challenges ahead. As they prepare to take office, two economists offer their insights...
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...
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 experienced a decline in value over the past 12 months, losing 1.7% against the US dollar, 4.7% against the British pound, and...
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...
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...
