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Mauritius

Steady progress of Islamic Banking in Mauritius

Mauritius is consolidating its first steps in Islamic finance, aiming to position the country as a jurisdiction of choice for world-class Islamic financial services, said Rundheersing Bheenik, the governor of the central bank.

Mauritius' Bheenick on bond-market growth

The Bank of Mauritius is considering a proposal from the World Bank for the government to allow them to issue Mauritian-rupee denominated or linked bonds, explained Rundheersing Bheenick, the governor of the central bank, at a workshop on local currency…

Mauritius raises rates to 9.25%

The Bank of Mauritius, the country's central bank, announced on 30 June that it had raised its key repo rate by 75 basis points to 9.25% with effect from 2 July. The decision came after the third meeting of the central bank's Monetary Policy Committee …

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