Mauritius Central Bank to Keep Rate on Hold, PluriConseil Says

The Bank of Mauritius’s Monetary Policy Committee will probably leave the benchmark interest rate unchanged at its June 11 meeting, according to a PluriConseil survey.

Out of 30 analysts, 22 expect the rate to be maintained, the consultancy and advisory firm said in a survey published in the Port Louis-based l’Express newspaper today, with seven forecasting a cut and one an increase.

The bank has cut the repo rate by 0.6 percentage point since December to 4.9 percent.

Editors: Ben Holland, Francis Harris.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.