The last intervention of the Central Bank dates back to May 4th. It had sold $10 million.
There have been six interventions since the beginning of the year and each time the Bank of Mauritius has sold $10 million.
The policy rate increases by 50 basis points, from 4% to 4.50%. Speaking to the press on Tuesday 4 February, the Chairman of the Monetary Policy Committee (MPC) of the Bank of Mauritius (BoM) and Governor of the BoM, Rama Sithanen, surrounded by his two deputies, Rajeev Hasnah and Gérard Sanspeur, discussed the reasons for this increase.
3 months, 1 week ago
The new Rs 100, Rs 200 and Rs 1,000 notes that will come into circulation are an attempt to reverse the trend that is generated by the parallel economy, it is acknowledged in circles close to the Bank of Mauritius (BoM).
5 months, 1 week ago
The Bank of Mauritius issued a statement on Tuesday, December 3, to confirm the appointment of Rajeev Hasnah as First Deputy Governor and Gérard Sanspeur as Second Deputy Governor, effective Monday.
New Rs 100, Rs 200 and Rs 1,000 banknotes were put into circulation by the Bank of Mauritius (BoM) on Monday, December 2.
5 months, 2 weeks ago
Political discussions are in full swing as the list of ministers is being finalized.
5 months, 3 weeks ago
In his speech to the people on the occasion of the National Day, the Prime Minister announced that from the beginning of April, each elderly person will receive an old-age pension of 13,500 rupees. He added that it was a promise he made and kept.
1 year, 2 months ago