Chellum calls for hike in repo rate

Jayen Chellum, president of the ACIM (Mauritian Consumers Association), is urging the governor of the Bank of Mauritius (BoM) Rundheersing Bheenick to increase the repo rate by 100 points in order to contain inflation rate. The new repo rate, which was last increased by 50 basis points, will be announced by the Monetary Policy Committee [...]

11 Jun 2011, The Independent Daily