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Mauritius - The liberalization of the financial sector in Mauritius (Inglês)

This report examines the Mauritian monetary policy which is best described as one that tries to affect the cost and availability of credit rather than seeking to control money supply aggregates through the cash (or reserve) base. The primary objective of Mauritian financial policy appears to be to improve foreign exchange reserves by suppressing imports and encouraging exports. The liberalization of interest rates in Mauritius has been a failure in...
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