Open Memorandum To Monetary Policy Committee … The imperative need for a rise of the Repo rate

1. Since the beginning of the year, there has been a large and rapid depreciation of the rupee against all the major currencies. At the end of December 2014, the indicative selling exchange rate of the US dollar, as published by the Bank of Mauritius, was Rs 32.10, that of the euro Rs 39.02, and […]





