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Mauritius Central Bank Chief Claims He Was Removed From Office

Mauritius Central Bank Chief Claims He Was Removed From Office

From Bloomberg

Mauritius central bank Governor Rundheersing Bheenick said he was removed from office with immediate effect following this month’s general election.

“I had the privilege to serve my country,” he said by phone. “I wish good luck to my successor.” No successor has been named.

Bheenick, who was appointed in 2007, was known for his focus on fighting inflation to bolster savings. He resisted pressure from former Finance Minister Xavier Luc Duval to loosen monetary policy to support economic growth.

 

Written by Christina Vilbrin/Read more Bloomberg