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Mauritius: The euro and American dollar reserves of the Central Bank of Mauritius still increasing in late August




The gross foreign exchange reserves particularly the euro and American dollar stored within the Central Bank of Mauritius were valued at the end of August 2014 around 125 billion rupees *.
 
These foreign exchange reserves thus constitute a hedge of 6.2 months of imports, as reported by the Business Magazine newspaper.
 
As a reminder, gross foreign exchange reserves have continued to increase since December of last year.
 
In November 2013, these reserves amounted to 100 billion rupees 110 billion in February 2014, 116 billion in April and 121 billion rupees in June 2014.
 
* One euro roughly equivalent to 41 rupees



Fabrice François


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