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Thursday, September 29, 2022

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Banking

Bank Of Mauritius Raises The Key Repo Rate By 75 Basis Points To 3% Per Annum

The Monetary Policy Committee (MPC) of the Bank of Mauritius (Bank) unanimously decided to raise the Key Repo Rate (KRR) by 75 basis points...

Moscow Exchange Aiming To Launch Trade In Rupee, Dirham: Official

A Moscow exchange official said on Thursday that the Exchange is working on a plan to launch trading in the Indian rupee but there...

55th Anniversary Of The Bank Of Mauritius: Governor Seegolam Talks About Implementation Central Bank Digital Currency

The Bank of Mauritius (BoM) is celebrating its Emerald Jubilee. For that occasion, BOM is organizing a two-days’ Governors’ Meet. This morning, the Prime...

Bank Of Mauritius, Rodrigues House In Port Mathurin: Modernisation And Strengthening Of Our Economic Infrastructure

The Prime Minister, Mr Pravind Jugnauth, laid the foundation stone of the Bank of Mauritius, Rodrigues House in Port Mathurin on Monday 29 August...

DBM: 7 New Loan Schemes For SMEs

It is a range of flexible financial facilities to small entrepreneurs. These seven new loan schemes announced in the 2022-2023 budget were launched on...

Google Wallet Launched In South Africa

Alphabet Inc launched Google Wallet in South Africa on Tuesday. This move comes as the tech behemoth tries to gain a foothold in the...

Yuan Beats Dollar On Moscow Exchange

Yuan-ruble trading has outpaced the dollar-ruble pairing for the first time, according to Moscow Exchange data on Thursday, Russian media house RT said in...

Mauritius To Host The 38th Annual General Meeting Of The Board Of Governors Of TDB

Mauritius would host the 38th Annual General Meeting of the Board of Governors of the Eastern and Southern African Trade and Development Bank Group...

Russia Offers Trade Partners To Join Its SWIFT Alternative SPFS

Shanghai Cooperation Organization (SCO) countries have been offered a chance by Russia to join its financial messaging system (SPFS), the Russian equivalent of SWIFT...

As Of June 30, 2022: SBM Group Records Net Profits Of Rs 1.453 Billion

The SBM group is consolidating its profitability level through its operating entities as well as its intervention markets. Indeed, the Mauritian financial institution has...
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