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BoM Sells 15 Million Foreign Currency Dollars at Rs 46.75 Rate

The Bank of Mauritius (BoM) has once again intervened in the foreign exchange market, selling $15 million of foreign currency at a rate of 46.75 Mauritian rupees per US dollar on Thursday, 5 November. This latest sale brings the central bank’s cumulative foreign‑currency sales to $155 million across 11 separate interventions carried out since the beginning of the year. The BoM’s interventions have been aimed at supplying foreign currency to the market. The following is a timeline of the bank’s sales: – 14 January: $10 million – 9 March: $15 million – 16 April: $15 million – 12 June: $10 million – 26 June: $15 million – 3 September: $15 million – 24 September: $15 million – 5 October: $15 million – 15 October: $15 million – 22 October: $15 million – 5 November: $15 million The information is reported by Defi Media.

Article source: NewsMoris | Image credit: NewsMoris

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News Desk
News Desk
News Desk is the editorial publishing account for Tringlobe Media News, covering breaking news, public affairs, entertainment, community developments and regional stories across Trinidad and Tobago, the Caribbean and internationally.

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