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Mauritius Banking News. Service for global professionals. Constantly updated news and information about Mauritius.
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Latest Mauritius Banking News

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  • MoU between Mauritius and GFSC 24 Nov 2009 11:33 GMT
    ... THE FINANCIAL Services Commission, Mauritius and the Guernsey Financial Services Commission signed ... collaboration will help to protect investors and depositors and promote the integrity of financial services ...

  • How much longer can gold rise? 24 Nov 2009 06:55 GMT
    ... worth noting that the tiny island of Mauritius became the third central bank to buy gold in the past month ... bullion bulls, the implication is clear: central banks no longer trust the creditworthiness of other governments. ...

  • Gold steadies after record as dollar recovers 24 Nov 2009 11:54 GMT
    ... from the IMF. Russia, Sri Lanka and Mauritius have all since also announced gold acquisitions. ... The euro fell against the dollar on banking sector concerns, though it pared losses as ... level,” said Standard Chartered in a note. The bank said although pockets of dollar strength would ...

  • Gold steadies after record 24 Nov 2009 11:55 GMT
    ... from the IMF. Russia, Sri Lanka and Mauritius have all since also announced gold acquisitions. ... The euro fell against the dollar on banking sector concerns, though it pared losses as ... level,” said Standard Chartered in a note. The bank said although pockets of dollar strength would ...

  • Gold steadies after record as US dollar recovers 24 Nov 2009 12:16 GMT
    ... from the IMF. Russia, Sri Lanka and Mauritius have all since also announced gold acquisitions. ... The euro fell against the dollar on banking sector concerns, though it pared losses as ... level," said Standard Chartered in a note. The bank said although pockets of dollar strength would ...

  • African Markets - Factors to watch on Nov 24 24 Nov 2009 06:10 GMT
    ... investor caution, which set in after disappointing banks' earnings. NIGERIA BUDGET Parliament is expected to ... of Kenya's Monetary Policy Committee (MPC) meets. The bank is widely expected to hold its lending ... lending rate to banks at 7.75 percent. MAURITIUS STOCKS Mauritius' benchmark SEMDEX index fell 0.07 ...

  • Spot Gold prices touched a new all-time high of $1,173/oz on Monday 24 Nov 2009 10:55 GMT
    ... percent this year as investors and central banks increased their holdings of the metal to preserve ... of the metal to preserve wealth. The central bank in Russia has also bought more bullion ... from the International Monetary Fund in October. Mauritius and Sri Lanka also have been buying ...

  • Gold holds near $1,170/oz but dollar caps gains 24 Nov 2009 13:00 GMT
    ... of November, when reports emerged that India's central bank had bought 200 tons of gold from ... from the IMF. Russia, Sri Lanka and Mauritius have all since also announced gold acquisitions. ... The euro fell against the dollar on banking sector concerns, though it pared losses as a ...

  • Gold holds near $1,170/oz after U.S. GDP data 24 Nov 2009 15:00 GMT
    ... from the IMF. Russia, Sri Lanka and Mauritius have all since also announced gold acquisitions. ... since also announced gold acquisitions. "If central banks buying gold are diversifying their reserves back from ... level," Standard Chartered said in a note. The bank said although pockets of dollar strength would ...

  • SBI hopes to get RBI nod for Doha branch soon 24 Nov 2009 06:48 GMT
    ... the Doha government authorities for permission and the bank expects to start operations of the branch ... plans to use the branch for wholesale banking, loan syndication and corporate advisory businesses, though ... These subsidiaries are in Indonesia (6 branches), Mauritius (12 branches), Nepal (32 branches), California (7 ...

  • Gold Declines From Record in Asia as Rally Encourages Selling 24 Nov 2009 07:54 GMT
    ... Nov. 24 (Bloomberg) -- Gold pared losses in Asia, ... 0.4 percent of its record, on speculation central bank bullion purchases will increase, and as fading ... definitely accumulation going on, whether by central banks or high net-worth individuals, so we can see ...

  • Gold retreats below $US1,165 as US dollar recovers 24 Nov 2009 17:39 GMT
    ... from the IMF. Russia, Sri Lanka and Mauritius have all since also announced gold acquisitions. ... since also announced gold acquisitions. "If central banks buying gold are diversifying their reserves back from ... level," Standard Chartered said in a note. The bank said although pockets of dollar strength would ...

  • Gold retreats below $1,165/oz as dollar recovers 24 Nov 2009 15:53 GMT
    ... of November, when reports emerged that India's central bank had bought 200 tons of gold from ... from the IMF. Russia, Sri Lanka and Mauritius have all since also announced gold acquisitions. ... since also announced gold acquisitions. "If central banks buying gold are diversifying their reserves back from ...

  • Gold prices head for $1,200 per ounce 24 Nov 2009 09:58 GMT
    ... supported by a growing expectation that central banks around the world will move to increase their ... move to increase their gold reserves India’s central bank bought 200 metric tonnes of gold from ... in November and the central bank of Mauritius bought a smaller amount last week. Given ...

  • Abhishek Sinha On Foreign Direct Investment In The Education Sector 24 Nov 2009 10:22 GMT
    ... has attracted foreign investment recently. For instance, Mauritius-based India-focused fund, Helix Investments invested $12 million ... defined in the Public Debt Act, 1944, savings certificates to which the Government Savings Certificates ... the nature of trust or is mainly financed by a foreign country or territory, (ix) ...


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