Mauritius

The central bank of the island of Mauritius lowered its key repo rate by 15 basis points to 3.35 percent, saying easing price pressures "provides room for a reduction in the policy rate as a pre-emptive move against the risks associated with weakening global growth."

The central bank of Mauritius, the Indian Ocean island, left its benchmark repurchase rate steady at 3.50 percent as it lowered its 2018 estimate of inflation further while maintaining the outlook for inflation next year.

The central bank of the island of Mauritius left its benchmark repurchase rate steady at 3.50 percent, saying its monetary policy committee had unanimously concluded that its current policy stance was supporting growth in an environment where inflationary pressures were contained and the forecast for this year and next year was lowered.

The central bank of Mauritius left its benchmark repurchase rate at 3.50 percent, but raised its forecast for inflation this year to 4.0 percent from 3.5 percent forecast in November, noting the rise in inflation in recent months.