Bloomberg News

Mauritius Rupee Heads for Biggest Weekly Gain in Eight Months

February 24, 2012

Feb. 24 (Bloomberg) -- Mauritius’s rupee gained for a second day against the dollar, heading for its biggest weekly advance since June.

The Indian Ocean island nation’s currency appreciated 0.2 percent to 28.90 per dollar by 9:52 a.m. in Port Louis, the capital, extending its weekly gain to 1.4 percent, set for the biggest five-day increase since the week through June 3.

A close at this level, will be the currency’s highest since Nov. 2, according to data compiled by Bloomberg.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net


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