The Central Bank of Mauritius unanimously decided to keep its key repo rate steady at 4.5% for the fourth consecutive meeting on February 11, 2026. The Committee said a cautious, wait-and-see approach remains appropriate, emphasizing the need to anchor medium-term inflation expectations amid ongoing economic uncertainties. The Bank noted that headline inflation rose slightly to 3.8% in January 2026, from 3.7% in December, but is expected to average 3.6% for the year, within the 2–5% target range and very close to the mid-point medium-term target of 3.5%. Meanwhile, domestic economic activity continues to be supported by services, namely tourism and financial services, while pending infrastructure projects are expected to boost construction and investment. Real GDP is projected at 3.3% in 2026, potentially rising to around 3.5% if capital projects accelerate and the African Growth and Opportunity Act is renewed. source: Bank of Mauritius

The benchmark interest rate in Mauritius was last recorded at 4.50 percent. Interest Rate in Mauritius averaged 4.21 percent from 2006 until 2026, reaching an all time high of 9.25 percent in June of 2007 and a record low of 1.85 percent in April of 2020. This page provides - Mauritius Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mauritius Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The benchmark interest rate in Mauritius was last recorded at 4.50 percent. Interest Rate in Mauritius is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mauritius Interest Rate is projected to trend around 4.00 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-13 10:00 AM Interest Rate Decision 4.5% 4.5% 4.5%
2025-11-12 10:20 AM Interest Rate Decision 4.5% 4.5% 4.5%
2026-02-11 12:00 PM Interest Rate Decision 4.5% 4.5% 4.5%
2026-05-20 10:00 AM Interest Rate Decision 4.5%
2026-08-12 10:00 AM Interest Rate Decision
2026-11-11 10:00 AM Interest Rate Decision


Related Last Previous Unit Reference
Banks Balance Sheet 2823162.00 2772219.00 MUR Million Dec 2025
Central Bank Balance Sheet 565809.46 519203.33 MUR Million Dec 2025
Foreign Exchange Reserves 10293.54 9341.37 USD Million Dec 2025
Interest Rate 4.50 4.50 percent Feb 2026
Lending Rate 9.00 9.00 percent Dec 2025
Money Supply M3 1034623.05 1030482.34 MUR Million Nov 2025


Mauritius Interest Rate
In Mauritius, interest rates decisions are taken by the Bank of Mauritius. The BoM’s official interest rate is the repo rate.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.50 9.25 1.85 2006 - 2026 percent Daily

News Stream
Bank of Mauritius Stands Pat for 4th Meeting
The Central Bank of Mauritius unanimously decided to keep its key repo rate steady at 4.5% for the fourth consecutive meeting on February 11, 2026. The Committee said a cautious, wait-and-see approach remains appropriate, emphasizing the need to anchor medium-term inflation expectations amid ongoing economic uncertainties. The Bank noted that headline inflation rose slightly to 3.8% in January 2026, from 3.7% in December, but is expected to average 3.6% for the year, within the 2–5% target range and very close to the mid-point medium-term target of 3.5%. Meanwhile, domestic economic activity continues to be supported by services, namely tourism and financial services, while pending infrastructure projects are expected to boost construction and investment. Real GDP is projected at 3.3% in 2026, potentially rising to around 3.5% if capital projects accelerate and the African Growth and Opportunity Act is renewed.
2026-02-11
Mauritius Keeps Key Policy Rate at 4.5%
The Central Bank of Mauritius unanimously decided to leave its key repo rate steady at 4.5% for the third consecutive time during its November 2025 meeting, citing the need to anchor medium-term inflation expectations against a backdrop of elevated economic uncertainty. The country's annual inflation eased to 4.1% in October from 4.4% in September, remaining within the Bank’s medium-term target range of 2-5%. Headline inflation for 2025 was revised down to 3.7% from 4% previously, on the back of softer commodity prices, easing global inflation, food subsidies, and lower fuel costs. For 2026, inflation is expected to converge toward the midpoint of the Bank’s target range, settling at 3.6%, though upside risks from global factors remain. Meanwhile, the Bank raised its 2025 real GDP growth forecast to 3.1%, up 0.1 percentage point from the August MPC projection, and expects growth of 3% in 2026, while cautioning that risks remain tilted to the downside.
2025-11-12
Mauritius Leaves Monetary Policy Unchanged
The Central Bank of Mauritius kept its key repo rate steady at 4.5% during its regular meeting on August 13th, 2025, leaving borrowing costs at their highest level since August 2024. Policymakers noted that, given the current global and domestic economic uncertainties, it was prudent to maintain the existing policy stance. While the recent rise in inflation appears temporary, medium-term risks from tariff-driven global inflation could be more persistent. Headline inflation rose for the fourth consecutive month to 3.1% in July 2025, largely reflecting the impact of budgetary measures, which include higher taxes on demerit goods and additional excise duties on vehicles. With one-off effects expected to ease, inflation should stay within the Bank’s 2–5% medium-term target, with headline inflation projected at 4.0% in 2025, up 0.5 percentage points from the prior 3.5% forecast. Domestic GDP growth for 2025 is now expected to settle near 3.0%, down from the earlier 3.0–3.5% forecast.
2025-08-13