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Mauritius: The rate of the Central Bank of Mauritius remains unchanged




The Committee acting on the monetary policy of the Central Bank of Mauritius and which met in earlier this week in Port-Louis took the decision to keep the key rate * at 4.65%.
 
The members of this Committee have also expressed their reservations regarding an increase judged premature steering rate in the wake of a recovery of the world economy last February, but with a euro zone that shows a slower recovery.
 
The members of the Committee of monetary policy of the Central Bank of Mauritius shall provide in particular that inflation could be between 3.9% and 4.1% by June 2014 and oscillate between 3.9% and 4.3% by the end of 2014.
 
The Bank of Mauritius also announced forecasts of growth for the economy of the island between 3.7% and 4%, as reported in the journal the Le Défi Quotidien.
 
* Rate refers to the interest rate set by the Central Bank of Mauritius, and allows the latter to regulate economic activity



Fabrice François


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