Page 60 - May 2017

Table 53a: Intervention by the Bank of Mauritius on the Domestic Foreign Exchange Market: May 2016 to May 20171

Period Purchase Range of Amount Sterilisation
of US dollar Intervention
May-16 Sterilised Rates
Jun-16 Bid Rates
Jul-16
Aug-16 (US$ Mn) (Rs/US$ ) (Rs mn) per cent p.a
Sep-16
Oct-16 73.05 35.35 1,000.0 3.70
Nov-16 96.0 35.60-35.75 3,424.515 2.47-2.62
Dec-16 10.0
Jan-17 10.0 35.50 - -
Feb-17 43.2 35.20 352.0 2.68
Mar-17 35.48 1,532.736 2.69
Apr-17 -
May-17 47.35 - - -
55.5 36.15 - -
55.595 36.20 905.0 2.80
35.90 2,540.361 2.29 - 2.54
- - -
40.0 - 1,420.0 2.58
118.0 35.50 - -
45.0 35.02 1,577.0 2.24 - 2.45
35.00-35.10

The Bank has been conducting sterilised intervention since January 2015
Note 1 : As from January 2016 figures exclude transactions with Government and Other Institutions
Source: Financial Markets Operations Division.

Table 53b: Purchases and Sales of Foreign Currency by the Bank of Mauritius from Government and Other Institutions: May 2016 to May 2017

Period US dollar Rates EURO Purchases GBP Rates Others (USD US dollar Rates EURO Sales GBP Rates Others (USD
Rates Rates
May-16 (US$ Mn) (Rs/US$ ) (EUR Mn) (US$ Mn) (Rs/US$ ) (EUR Mn) (Rs/GBP ) Equivalent)
Jun-16 (Rs/EUR ) (GBP Mn) (Rs/GBP ) Equivalent) (Rs/EUR ) (GBP Mn) (US$ Mn)
Jul-16 45.0 35.04 0.631 (US$ Mn) 4.338 35.75-36.00 3.106 50.91-52.40 -
Aug-16 0.398 35.21 10.05 38.85-39.76 -- - 4.489 35.60-35.85 2.575 39.85-40.73 0.344 50.48-52.11 -
Sep-16 0.293 38.58-39.94 -- - 1.663 0.649 38.84-40.84 1.247 -
Oct-16 - - 0.961 38.57-39.19 -- - 35.85 1.211 39.44-40.00 0.129 47.86 -
Nov-16 - - 15.598 38.71-39.44 -- - - - 8.769 39.59-40.34 - -
Dec-16 - - 0.931 38.92-39.38 -- - - - 0.504 39.81-40.27 - -
Jan-17 - - 5.629 38.40-39.39 -- - - - 3.800 39.28-40.24 0.082 46.32-46.38 -
Feb-17 - - 27.903 37.41-39.79 -- - - - 3.714 38.26-40.69 0.332 43.72-44.28 -
Mar-17 - - 0.414 37.03-38.32 -- - - - 1.214 37.88-39.19 0.321 44.71-45.37 -
Apr-17 - - 0.294 37.07-38.04 -- - - - 0.377 37.91-38.95 1.226 44.69-45.89 -
May-17 - - 5.348 37.08-38.07 -- - - - 12.314 38.05-38.86 0.699 43.68-45.30 1.215
- - 0.607 37.00-38.01 -- - - - 1.226 37.84-38.87 0.390 44.66-44.98 0.020
- - 0.504 37.03-37.86 -- 4.459 - - 3.626 37.87-38.71 0.032
- - 37.31-38.67 -- 0.001 - - 38.19-39.55 - -
0.255 44.94-45.87
0.048 45.62-45.81

Source: Financial Markets Operations & Accounting and Budgeting Divisions.