Bank of Mauritius struggles to buy-back debt, says governor

mauritius

The Bank of Mauritius governor, Rundheersing Bheenick, believes the country's small stature has afforded it the capacity to respond quickly and flexibly to the volatile global economy, but the central bank is struggling to buy back bond issues to mop up excess liquidity in the financial system.

Mauritius's "simple structure, traditional banking values and non-intrusive regulation" have boosted the resilience of the banking system, Bheenick said in a speech at the Monetary and Financial

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