Mauritius Interest Rate

The benchmark interest rate in Mauritius was last recorded at 4.65 percent. Interest Rate in Mauritius is reported by the Bank of Mauritius. Interest Rate in Mauritius averaged 5.89 Percent from 2006 until 2014, reaching an all time high of 9.25 Percent in June of 2007 and a record low of 4.65 Percent in June of 2013. In Mauritius, interest rates decisions are taken by the Bank of Mauritius. The BoM’s official interest rate is the repo rate. This page provides - Mauritius Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.65 4.65 9.25 4.65 4.75 | 2014/06 2006 - 2014 Percent Monthly

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Mauritius Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 3722.90 2014-03-31 3662.40 3722.90 637.50 3865.74 2014-06-30 USD Million [+]
Interest Rate 4.65 2014-03-31 4.65 9.25 4.65 4.75 2014-06-30 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Mauritius Inflation Rate at 4.50 Percent  
The inflation rate in Mauritius was recorded at 4.50 percent in March of 2014. Inflation Rate in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius Bank Lending Rate at 3.05 Percent  
Bank Lending Rate in Mauritius decreased to 3.05 percent in March of 2014 from 3.23 percent in February of 2014. Bank Lending Rate in Mauritius is reported by the Bank of Mauritius.
Mauritius Changes in Inventories at 3773.00 MUR Million  
Changes in Inventories in Mauritius decreased to 3773 MUR Million in the fourth quarter of 2013 from 4833 MUR Million in the third quarter of 2013. Changes in Inventories in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius Consumer Price Index (CPI) at 107.70 Index Points  
Consumer Price Index (CPI) in Mauritius decreased to 107.70 Index Points in March of 2014 from 108.46 Index Points in February of 2014. Consumer Price Index (CPI) in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius Consumer Spending at 75832.00 MUR Million  
Consumer Spending in Mauritius increased to 75832 MUR Million in the fourth quarter of 2013 from 67717 MUR Million in the third quarter of 2013. Consumer Spending in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius Employed Persons at 535.30  
The number of employed persons in Mauritius decreased to 535.30 in the fourth quarter of 2013 from 526200 in the third quarter of 2013. Employed Persons in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius External Debt at 23322.00 MUR Million  
External Debt in Mauritius decreased to 23322 MUR Million in 2008 from 26886 MUR Million in 2007. External Debt in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius GDP Constant Prices at 101114.00 MUR Million  
GDP Constant Prices in Mauritius increased to 101114 MUR Million in the fourth quarter of 2013 from 91055 MUR Million in the third quarter of 2013. GDP Constant Prices in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius Government Budget Value at 375.20 MUR Million  
Mauritius recorded a government budget surplus of 375.20 MUR Million in 2008. Government Budget Value in Mauritius is reported by the Central Statistics Office, Mauritius.
Mauritius Government Spending at 13972.00 MUR Million  
Government Spending in Mauritius increased to 13972 MUR Million in the fourth quarter of 2013 from 13202 MUR Million in the third quarter of 2013. Government Spending in Mauritius is reported by the Central Statistics Office, Mauritius.
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At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
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