The Bank of Mauritius (BOM) held its first Monetary Policy Committee (MPC) for 2021. During the 58th meeting, the economic situation a the micro and macro level have been reviewed.
Following the meeting, the MPC has decided to maintain the status quo on the present and the lowest level of the Key Repo Rate (KRR), that is at 1.85%.
As a reminder, the MPC meeting was exceptionally held on 16th April 2020 to decide on the historically low KRR taking into account of the impact of the COVID-19 pandemic on the economy.
Please click HERE to view the Press Release of the Bank of Mauritius.
Source: Bank of Mauritius