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.
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