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Wednesday, May 15, 2024

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Bank of Mauritius

Banking

Banking Community Rejoices As Mauritius Exits UK High-Risk Third Countries List

Staff -
As predicted by the experts on good governance, once Mauritius is out of the Financial Action Task Force (FATF) list of countries under increased...
Banking

Will The Drop In Foreign Investment Affect Economic Growth?

Staff -
Preliminary gross direct investment flows for the first semester of 2021 were released by the Bank of Mauritius on October 27. The data show...
Banking

Bank Of Mauritius MauCAS Aims To Create The Environment For Digital Payments

Staff -
The Mauritius Central Automated Switch (MauCAS) is a novel state-of-the art digital hub fully owned and operated by the Bank of Mauritius for routing...
Local News

PM: Produce And Consume Nutritious Food From Your Backyard Garden

Staff -
A total of 28 beneficiaries of the Development Bank of Mauritius Gardening scheme, received this morning, each, a cheque of Rs 25 000, a...
Banking

Key Repo Rate: Status Quo At 1.85%

Staff -
The Key Repo Rate remains unchanged at 1.85%. Economic operators will be pleased with this decision because they will not be worried about an...
Banking

Decision Expected On The Key Repo Rate On Wednesday

Staff -
The Bank of Mauritius will hold this Wednesday, August 4, its 59th meeting of its monetary policy committee. At its last meeting, which took...
Economy

Padayachy: Without MIC, We Would Have Plunged Into Economic & Social Chaos

Staff -
The Minister of Finance refused to give details of the companies that have received financial assistance from the Bank of Mauritius' corporation. He argued...
Economy

GNI: Does Mauritius Now Qualify For Financial Assistance?

Staff -
High-Income Country Status disqualifies small developing countries from benefiting from Bretton Woods' large scale financial assistance. Will the reclassification of Mauritius as Middle-Income Country...
Economy

IMF: The Mauritian Rupee is overvalued by 30-40%

Staff -
Is the downward trend of the local currency that has been observed since the first lockdown likely to continue? According to Paragraph 36 of...
Economy

Devaluation Of The Rupee: An Inevitable Increase In The Cost Of Living

Staff -
A depreciation of 3.5% of the Mauritian Rupee by the Bank of Mauritius that will cost dear to every consumer on Mauritius Island. This...
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