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Mauritius: The foreign currency reserves rising sharply




The international financial reserves of the Central Bank of Mauritius, consisting largely in euro and dollar, but also in pounds sterling and Japanese yen, recorded a consequent increase in March, 2015.
 
The reserves were therefore amounted to 140.7 billion rupees * against about 127.6 billion rupees one month earlier.
 
These foreign currency reserves represent a coverage of about 6.4 months of import for the country.
 
In November 2013, these reserves amounted to 100 billion rupees, 110 billion in February 2014, 116 billion in April 2014, 121 billion rupees in June 2014, 125 billion in August 2014, and 122.6 billion rupees in December 2014.
 
* One euro roughly equivalent to 39 rupees



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