Euro Mauritius

Euro hovers below five-month high; loonie lumbered with softwood tariff

The euro edged back towards the previous day's five-month high on Tuesday after posting its biggest one-day rise since June, on growing confidence that the market-friendly Emmanuel Macron would beat far-right rival Marine Le Pen to become the next French president.

25 Apr 2017, business.mega.mu

ECB Cuts Interest Rates to Zero Amid Fears of Fresh Economic Crash

The European Central Bank has cut interest rates across the eurozone to zero as it unveiled an unprecedented package of growth-boosting measures against the backdrop of a fragile global economy.

11 Mar 2016, business.mega.mu

ECB Seen Cutting Inflation Outlook, Hinting at More Policy Action

The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if growth and inflation prospects weaken further.

03 Sep 2015, business.mega.mu

Euro off Greece-Driven Lows after SNB Intervenes

The euro came off its lows on Monday as the Swiss National Bank said it intervened in the market to weaken the franc, with the single currency little changed on the day after initial steep losses on concerns that Greece was on the brink of default.

29 Jun 2015, business.mega.mu

Chute de l’Euro : Vers une Baisse des Prix des Voitures, Médicaments et d’Autres Produits

Si la dégringolade de l’euro affecte les revenus des exportateurs, elle n’a, toutefois, pas que des effets négatifs. Dans les semaines à venir, les consommateurs devraient profiter d’une baisse des prix sur une série de produits.

03 Feb 2015, business.mega.mu

What Happened With the Swiss Franc? The Short Answer

The Swiss National Bank shocked markets Thursday by abandoning the cap it had set for the past three-and-a-half years on the Swiss franc’s value against the euro.

16 Jan 2015, business.mega.mu

Taux de Change : Inquiétude Chez des Exportateurs et Importateurs

Depuis quelques semaines, l'euro est sur une pente glissante, alors que le dollar s'apprécie sur le marché international. Ce vendredi, la monnaie européenne s'échangeait à Rs 37,83 et le dollar à Rs 30,90. Une situation qui serait à double tranchant, selon les opérateurs du secteur.

22 Dec 2014, business.mega.mu

Asia Stocks Highest Since 2008, European Central Bank Talk Pressures Euro

The euro came close to cracking on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years.

27 Aug 2014, business.mega.mu

Traders Breathe Watching Euro Having Surpassed Rs 40

Traders can only rejoice against a euro at Rs 40. Indeed, the euro had already surpassed the Rs 40 on September 14. An uptrend is confirmed that this Monday, September 17th with the euro trading at Rs 40.37.

18 Sep 2012, business.mega.mu