Mauritius Central Bank Raises Key Rate
Mauritius’ central bank raised its key rate, citing broadening inflationary pressures.
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11:50:24 AM UTC
SquawkNews
The Bank of Mauritius raised its key interest rate (MUCBIR=ECI) by 25 basis points to 5.0% on Wednesday, citing the risk that inflation could become entrenched above its target range.Below are more details from a central bank statement and some economic context