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Mauritius: The Mauritian authorities relying on gold as a safe haven

The Mauritian authorities want to gather as much gold deemed as ultimate safe haven in times of crisis and complete the country's international reserves to counter any economic eventuality.
Thus, within a year, investment in gold has increased by over 146%. Gold in January 2015 accounted for approximately 9.7% of international reserves of Mauritius, against 4.6% a year earlier.
Last month, the Mauritian authorities have invested no less than 11.7 billion rupees * in the yellow metal in comparison to 4.7 billion rupees last year recorded earlier this year.
* One euro roughly equivalent to 38 rupees


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