Bank of Mauritius: A management of reserves that raises more questions than certainty

L'Express

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Bank of Mauritius: A management of reserves that raises more questions than certainty

The last annual report of the Bank of Mauritius (BoM) shows a profit of Rs 3.3 billion, a result that the institution attributes to a "revitalised" reserve management strategy. According to the former First Deputy Governor, Mr Kona, this approach, combining diversification and risk management solutions, would have improved risk-adjusted returns on foreign currency reserves. Moreover, the gross official reserves would have exceeded US$ 8 million.