Mauritius cuts rates to record low

bank-of-mauritius-getty
Getty Images

The Bank of Mauritius has cut the country’s policy rate by 15 basis points to a record low of 3.35%, citing a weakening global economy and falling inflation.

The central bank announced the decision today (August 9), making it the first rate cut for the country since September 2017. The majority of its monetary policy committee “viewed that the inflation outlook provides room for a reduction in the policy rate as a pre-emptive move against the risks associated with weakening global growth”.

Hea

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: