Armenia, Mauritius and West African states raise rates
Bank of Mauritius will move to new monetary policy framework in January
Mauritius: The Bank of Mauritius raised its key repo rate by 50 basis points to 4.5% on December 14.
This is the fifth time the Mauritian monetary policy committee has raised the policy rate this year, for a total of 265bp of tightening. This is the last scheduled decision before the central bank starts using a new monetary policy framework in January.
In its policy statement, the MPC said the Mauritian economy was growing robustly, forecasting growth exceeding 7% this year and approximating 5
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