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Mauritius: Mauritian rupee depreciates between July and August, 2014




Mauritius: Mauritian rupee depreciates between July and August, 2014
The Mauritian rupee has lost its value between July and August 2014 against the dollar and the euro according to figures from the Central Bank of Mauritius.
 
The latest report of the Central Bank of Mauritius indicates that the weight of the currencies (index MERI * 1) in the trade in goods valued at 94.425 points in July reached 94.508 points in August.
 
Distribution of currency in trade and tourism on the island (index MERI 2) income was 94.152 points in July and rose to 94.187 points in August.
 
The dollar was thus worth last week around 31.44 rupees to the euro for its part was trading his side some 40.68 rupees, as reported in the  Le Défi Quotidien newspaper.
 
* Index MERI: Mauritius Exchange Rate Index (MERI), represents a weighted average of the exchange rate of the rupee. This index assesses the movements of the rupee against the currencies of major trading partners of Mauritius.



Fabrice François


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