Repo rate Mauritius
Monetary Policy Committee: Bheenick and His Two Deputies in Minority Once Again
For the second time this year, Rundheersing Bheenick, Governor of the Bank of Mauritius, and his two deputies Iqbal Belath and Yandraduth Googoolye found themselves in the minority at a meeting of the Monetary Policy Committee. They demanded an increase in the repo rate to counter inflationary effects.
02 Jul 2013, business.mega.mu
Rate: Bheenick and His Two Deputies Were in Favour of an Increase of 10 to 25 points
Growth was due to inflation. If the Governor of the Bank of Mauritius, Rundheersing Bheenick, and his two deputies, Yandraduth Googoolye and Mohammed Iqbal Belath voted to increase the repo rate of the order of 10 to 25 basis points in the last meeting Monetary Committee March 11, the other five members of the Monetary Policy Committee (Nishan Degnarain Pierre Dinan, Professor Jeffrey Frankel, Professor Hemraz Jankee and Silvana Tenreyro.) have, in turn, insisted on keeping the policy rate to 4 9%.
26 Mar 2013, business.mega.mu
Monetary Policy Committee: the Repo Rate kept at 4.9%
The " Monetary Policy Committee "(MPC) of the Bank of Mauritius opted for the status quo in that it is the rate which is maintained at its current rate is 4.9%.
27 Nov 2012, business.mega.mu