The Bank of Mauritius has opted to maintain its Key Rate at 4.5% following a unanimous decision by the Monetary Policy Committee (MPC). The freeze comes...
Mauritian households are increasingly turning their backs on the local rupee in favour of foreign denominations, as a significant shift in saving habits takes hold across...
The Mauritian rupee has faced a significant decline against the euro, with exchange rates climbing as high as Rs 56 in exhange offices this week. Data...
The Mauritian Rupee (MUR) market is heading into the end of December 2025 with “prudence dominating” expectations, as analysts warn the foreign exchange (FX) market is...
The local currency recorded a 0.9% depreciation against the dollar between August 13 and November 10, 2025, according to data, while at the same time gaining...
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...
