Central bank Mauritius

Recovery Coins Campaign

The central bank wants to recover the coins aside. The monthly bulletin of the institution indicates that in May 2012, the amount of coins in circulation was Rs 725.4 million. This figure includes Rs 13.1 million gold coins.

14 Jul 2012, business.mega.mu

Central Bank monetary base plunges by 1.2 per cent

The Central Bank monetary base fell by Rs 499 m, that is, 1.2 per cent, from Rs 42,578 m in October to Rs 42,079 m in November, against a rise of 0.4 per cent registered between September and October.The fall in monetary base during the month reflected a decrease in both currency in circulation and [...]

15 Dec 2011, The Independent Daily

BoM intends to slow inflation rate

The 21st meeting of the Monetary Policy Committee (MPC) on Monday revised the repo rate from 4.75 per cent to 5.25 per cent. While this increase was not appreciated by exporters, the Governor of the Central Bank, Rundheersing Bheenick said that double-digit inflation cannot be tolerated. He added that the decision was not easy to [...]

29 Mar 2011, The Independent Daily