Bheenick wards off pressure to intervene in foreign currency markets

bheenick-second-right

Rundheersing Bheenick, the governor of the Bank of Mauritius, on Wednesday said Mauritius's central bank would not listen to calls for the central bank to intervene in markets to depreciate its currency.

At a seminar in Ebène, Mauritius, Bheenick said: "As governor, I have become used, if not inured, to the periodic recriminations of our exporters on the value of the rupee. There have been times when these were accompanied by direct threats to phase down operations, to lay off thousands of

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: