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Communiqué: Foreign Exchange Transactions

29 January 2008, Bank of Mauritius

1. With a view to ensure the smooth functioning of the domestic foreign exchange market, the Bank of Mauritius announces that it may, when the circumstances so require, purchase from bona fide exporters, foreign currency denominated in US Dollar, Euro and Pound Sterling.

2. Exporters willing to avail of the above facility are required to register themselves with the Bank of Mauritius.

3. The Modus Operandi for the purchase of the foreign currencies will be posted on the Bank’s Website shortly.