(Bloomberg) Mauritius increased its key interest rate for the first time in more than a decade, as it sees the war in Ukraine piling on inflation pressures this year.
The monetary policy committee raised the rate to 2% from 1.
The Bank of Mauritius has confirmed its already working on a central bank digital currency (CBDC) with a target for an year-end rollout.https://bitcoinke.io/
“CBDCs will be here to complement, and to address gaps that the traditional monetary system is not able to fulfill,” Bank of Mauritius Governor Harvesh Seegolam said.