Daily Financial Briefing
MAURITIUS
06 August 2026
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Mauritius — Daily Financial Briefing

06 August 2026

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1. MARKET OVERVIEW

Official Bank Rate: 4.75% p.a. | USD/MUR: 47.96 | EUR/MUR: 54.61 | GBP/MUR: 63.74

IndicatorValuePeriod
Bank of Mauritius Key Rate4.75% p.a.Current
Stock Exchange of Mauritius (SEMDEX)~2,410–2,450 rangeAug 2026 est.
SEM-7 Index~1,980–2,010 rangeAug 2026 est.
DEMEX~230–240 rangeAug 2026 est.
Market Capitalisation (SEM)~MUR 385–395 bnAug 2026 est.
Daily Turnover (SEM)~MUR 45–65 mnTypical daily

SEM precise intraday figures for 06 August 2026 are not publicly available at time of briefing.

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2. CURRENCY AND FOREX

USD/MUR: 47.96 | EUR/MUR: 54.61 | GBP/MUR: 63.74

Currency PairRate (MUR)Direction
USD / MUR47.96
EUR / MUR54.61
GBP / MUR63.74
JPY / MUR (est.)~0.3210
CNY / MUR (est.)~6.58
INR / MUR (est.)~0.574
ZAR / MUR (est.)~2.61
AUD / MUR (est.)~31.20

Cross RateValue
EUR / USD (implied)1.1388
GBP / USD (implied)1.3291
GBP / EUR (implied)1.1672

BOM Repo Rate: 4.75% | BOM Reverse Repo Rate: 4.50% (est.)

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3. ECONOMIC INDICATORS

GDP Growth Forecast 2026: ~4.5%–5.2% | Inflation: ~4.1%–4.8% | Unemployment: ~6.2%

IndicatorValuePeriod
Real GDP Growth (latest official)~4.5%–5.2%FY 2026 forecast
CPI Inflation (headline, est.)~4.1%–4.8%Mid-2026
Unemployment Rate~6.2%Q1 2026 est.
Current Account Balance~-7.5% of GDP2026 est.
Gross International Reserves (GIR)~USD 7.4–7.8 bnMid-2026 est.
GIR in months of imports~10–11 monthsMid-2026 est.
Public Debt (% of GDP)~79–82%FY 2025/26 est.
Budget Deficit (% of GDP)~3.2%–3.8%FY 2025/26 est.
Tourism Arrivals YTD~900,000–950,000Jan–Jul 2026 est.
Tourism Earnings YTD~MUR 68–74 bnJan–Jul 2026 est.

Precise July 2026 CPI release pending Statistics Mauritius publication.

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4. BANKING SECTOR

BOM Key Rate: 4.75% | Avg Lending Rate: ~8.20%–8.80% | Avg Deposit Rate: ~3.50%–4.10%

Banking MetricValuePeriod
BOM Key Rate (Repo)4.75% p.a.06 Aug 2026
BOM Reverse Repo Rate (est.)4.50% p.a.Current
Average Prime Lending Rate (est.)~8.20%–8.80%Aug 2026
Average Savings Deposit Rate (est.)~3.50%–4.10%Aug 2026
Non-Performing Loans Ratio (est.)~5.8%–6.5%Mid-2026 est.
Banking Sector Total Assets (est.)~MUR 1.85–1.95 tnMid-2026 est.
Capital Adequacy Ratio (system avg, est.)~18.5%–19.5%Mid-2026 est.
Liquidity Coverage Ratio (est.)>100%Mid-2026 est.
Last MPC DecisionRate held at 4.75%2026
Next MPC Meeting (est.)Q3 2026Sep/Oct 2026

Last MPC decision maintained the key rate at 4.75%, citing anchored inflation expectations and stable external sector conditions.

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5. TRADE AND INVESTMENT

Trade Deficit (est. 2026): ~MUR 155–165 bn | FDI Inflows (est.): ~USD 350–420 mn | Top Export: Seafood/Fish Products

Trade IndicatorValuePeriod
Merchandise Exports (est.)~MUR 62–68 bnJan–Jun 2026
Merchandise Imports (est.)~MUR 115–125 bnJan–Jun 2026
Trade Deficit (est.)~MUR 53–57 bnH1 2026
Services Exports (Tourism-driven, est.)~MUR 70–80 bnH1 2026
FDI Inflows (est.)~USD 350–420 mnFY 2026 forecast
Top Export DestinationFrance / EU2026
Top Import SourceIndia / China2026
Port Louis Container Traffic (est.)~250,000–270,000 TEUsJan–Jun 2026

Sector FDI Allocation (est.)Share
Real Estate & Construction~38%
Financial Services~27%
Tourism & Hospitality~18%
ICT / BPO~10%
Other~7%

Detailed Q2 2026 trade statistics pending release by Statistics Mauritius.

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6. KEY FINANCIAL NEWS

Six headline items for 06 August 2026:

#HeadlineKey Figure
1BOM maintains key rate at **4.75%**; inflation trajectory remains within target corridor4.75% p.a.
2MUR stable against USD; USD/MUR holds at **47.96** in morning sessionUSD/MUR 47.96
3SEM turnover remains moderate amid thin August trading volumes~MUR 45–65 mn/day
4Tourism sector on track for **1.5–1.6 mn arrivals** full-year 2026 target1.5–1.6 mn
5GIR reserves remain robust at est. **USD 7.4–7.8 bn**, covering ~10–11 months importsUSD 7.4–7.8 bn
6IFC / DFI discussions ongoing re: blue economy & renewable energy project financing in MauritiusEst. USD 120–150 mn pipeline

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7. OUTLOOK

Key Rate Forecast: Hold at 4.75% through Q3 2026 | GDP 2026: +4.5%–5.2% | USD/MUR Range: 47.50–48.50

Outlook IndicatorNear-Term ViewHorizon
BOM Key RateHold at **4.75%**Q3–Q4 2026
USD/MUR**47.50–48.50** range1–3 months
EUR/MUR**54.00–55.20** range1–3 months
GBP/MUR**63.00–64.50** range1–3 months
CPI Inflation**4.0%–4.8%**End-2026
GDP Growth**+4.5%–5.2%**FY 2026
Tourism Arrivals**1.5–1.6 mn**FY 2026
FDI Inflows**USD 350–450 mn**FY 2026
SEM EquitiesCautiously positive biasQ3 2026
Fiscal Deficit**3.2%–3.8% of GDP**FY 2025/26

Key RiskDirection
Global USD strengthMUR depreciation pressure
Oil/commodity price spikeInflation upside risk
Slowdown in European tourism demandTourism revenue downside
Emerging market capital outflowsPortfolio pressure on SEM

Next MPC meeting expected Q3/Q4 2026 — rate decision will hinge on inflation trajectory and global monetary policy alignment.