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The Key Repo Rate Kept Unchanged At 3.35 Per Cent Per Annum

The Key Repo Rate (KRR) has been kept unchanged at 3.35 percent per annum following a meeting of the BoM’s Monetary Policy Committee (MPC) held on Wednesday.

The MPC observed that the domestic economy has maintained its growth trajectory in 2019Q2 taking place in key sectors.

Real GDP growth will be at 3.7 percent in 2019 and 4 percent forecast for 2020 in the wave of less favorable than expected outcome and downside risks to the growth outlook is on the rise.

Source: Bank Of Mauritius