Growth risks push Mauritius MPC to cut by 40bp

mauritius
The Bank of Mauritius votes to cut rates by biggest margin in four years

The Bank of Mauritius has deemed risks around domestic growth more of a concern than those around inflation today (July 20), as its monetary policy committee (MPC) voted unanimously to cut its policy rate by 40 basis points to 4%.

Despite signs that growth in the domestic economy was improving, "weak" private investment and "sluggish" export performance have "heightened" the downside risks to domestic growth, the bank says in a press release. Bank staff have, as a result, lowered their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: