Aug 8, 2014 | Business
Mauritius saw prices decline further last month as year-on-year inflation dipped to 3.1% in July from 3.3% in June 2014, according to a report by Statistics Mauritius published on Wednesday, 6 August 2014. Moving to the month-on-month comparison between indices for...
Jul 15, 2014 | Business
Le Premier ministre pense présenter le Budget pour l’année 2015 après le 8 novembre. Si le leader de l’opposition a laissé entendre qu’il pourrait y avoir des élections anticipées, Navin Ramgoolam rappelle que son mandat prend fin en mai 2015. « Pa lwin sa », a-t-il...
Apr 7, 2014 | Business
In the latest flare-up in the row between the central bank and the government, the Governor of the Bank of Mauritius stressed that Mauritius must raise interest rates if it intends to achieve the year-end inflation target of four per cent. Talking to Reuters, Bheenick...
Feb 20, 2014 | Business
A 45 minute-meeting at the government house between Mauritius Finance Minister Xavier Duval, and Bank of Mauritius Governor, Rundheersing Bheenick, put an end to the debate concerning the conduct of the monetary policy. Duval and Bheenick have publicly disagreed in...
Feb 18, 2014 | News
Un tête-à-tête dans une ambiance « franche et cordiale ». C’est la description que donne le ministère des Finances de la rencontre entre Xavier Duval et Manou Bheenick, aujourd’hui. Les deux hommes se sont rencontrés pendant 45 minutes, chaperonnés par le secrétaire...
Feb 10, 2014 | Business
In another twist to the excess liquidity tale, the finance ministry has openly differed with the central bank Governor’s stance on increasing the repo rate. While the Monetary Policy Committee held the repo rate steady at 4.65% on Monday, Governor Rundheersing...
Feb 9, 2014 | News
Déclarations de presse, communiqués, petites phrases sur Facebook… Le ministre des Finances Xavier Duval et le gouverneur de la Banque de Maurice (BM), Manou Bheenick, ne lésinent pas sur les moyens pour afficher publiquement leur désaccord sur la question du taux...
Feb 6, 2014 | Business
Governor Rundheersing Bheenick said on Tuesday that the key repo rate should be raised to prevent outflow of capital, taking a stance contrary to the monetary policy committee (MPC) which decided to hold the rate steady at its Monday meeting. The central bank head...
Feb 4, 2014 | Business
The central bank of Mauritius decided to hold its repo rate steady at 4.65 percent at a Monetary Policy Committee meeting yesterday. A Reuters poll had forecast it would leave rates unchanged. The Bank of Mauritius has maintained the repo rate since June 2013, when...