Reuters logo
Mauritius central bank cuts repo rate to 3.50 pct
September 6, 2017 / 11:54 AM / 14 days ago

Mauritius central bank cuts repo rate to 3.50 pct

PORT LOUIS, Sept 6 (Reuters) - Mauritius’ central bank said on Wednesday it had cut its repo rate to 3.50 percent from 4.00 pct previously, saying that there was need to spur more growth in the economy. The bank said in a statement that it had revised economic growth forecast for this year to 3.6 to 3.8 percent, from its previous forecast to 3.8 to 4.0 percent.

It forecasts growth of 4.2 percent in 2018. (Reporting by Jean Paul Arouff; Editing by George Obulutsa)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below