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Currency News

Is Mauritius the Indian Ocean's new adventure capital?

27 Mar 2018 11:52Telegraph.co.uk
As the island celebrates the 50th anniversary of independence from British rule this year, its allure as an Indian Ocean haven of rest and recuperation is undiminished. more

Equities soften on sluggish economy

24 Oct 2017 22:56Mmegi Online
In Mauritius and South Africa, the SEMDEX and the JSE ALSI respectively benefited from the appreciation of the domestic currencies against the US Dollar as the Mauritian Rupee and the South African Rand both appreciated by 2.4% and 0.9%, respectively, ... more

Mauritius to provide foreign currency support to exporters

11 Sep 2017 12:26Ecofin Agency: Economic information from Africa
(Ecofin Agency) - Mauritius will provide foreign currency support to its export-oriented sectors, in order to cushion them against the impact of a strong rupee. According to Reuters which reported the news, the country will provide advantages exporters ... more

Mauritius: Successful Economic Development Set to Continue

30 Aug 2017 00:48Future Directions International
The growing value of the Mauritian rupee will be an impediment, however, as it can reduce the competitiveness of exports and the Mauritian Government is under pressure to weaken the value of the currency without direct intervention. more

Taxing Time Ahead For India-Focused Mauritius Funds

30 May 2017 06:26BloombergQuint
The impact of the potential disallowance of expenditure could get amplified on account of the fact that under the LoB clause of the amended tax treaty, the Mauritius funds would have to incur minimum expenditure of Mauritian Rupee 1.5 million to avail ... more

Mauritian Banks Seen as Haven as Politics And Oil Roil Peers

30 May 2017 00:37Bloomberg
Prime Minister Pravind Jugnauth, who also serves as finance minister, last year boosted spending on infrastructure by 51 percent after activity in the construction industry fell, the Mauritian rupee weakened and Britain's decision to exit the European ... more

Nam arms dealers

25 Jul 2016 04:56Namibian
TWO Namibian arms dealers are among the people named as clients of Mossack Fonseca, a shamed Panama law firm which has helped the rich hide money in secretive countries and territories called tax havens. more

Swamy says to 'suspend' demand for sacking Arvind Subramanian

23 Jun 2016 00:15Times of India
Rupee rises 15 paise against dollar in early trade · Tata's aviation ambitions soar as India opens up · LIC chief quits 2 yrs ahead of term · Flipkart's Binny buys Rs 32cr home in Bengaluru · Bad loans, not clean-up, hurting lending: Rajan · Biggest ... more
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