Bheenick wards off pressure to intervene in foreign currency markets
Rundheersing Bheenick, the governor of the Bank of Mauritius, on Wednesday said Mauritius's central bank would not listen to calls for the central bank to intervene in markets to depreciate its currency.
At a seminar in Ebène, Mauritius, Bheenick said: "As governor, I have become used, if not inured, to the periodic recriminations of our exporters on the value of the rupee. There have been times when these were accompanied by direct threats to phase down operations, to lay off thousands of
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