The Monetary Policy Committee of the Bank of Mauritius cuts the Key Repo Rate by 100 basis points…
In light of ongoing developments, the Monetary Policy Committee (MPC) of the Bank of Mauritius has, under the Chairmanship of the Governor, today 16 April 2020, unanimously decided to reduce the Key Repo Rate (KRR) by 100 basis points, from 2.85 per cent to 1.85 per cent per annum. The MPC reviewed the disruptive effects…