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Press Release: Gross Official International Reserves End-April 2026

07 May 2026

 

The Gross Official International Reserves (GOIR) of the country amounted to Rs463.1 billion (equivalent to USD9,810.5 million) as at end-April 2026.

Since September 2025, Balance of Payments statistics have been enhanced by incorporating GBC services exports and imports from 2018 onwards. The Bank is now introducing an additional import cover measure that includes Global Business Companies (GBC) services imports. This new framework therefore distinguishes between:

-     Import cover including GBC services imports, which maintains consistency with balance of payments statistics; and

-     Import cover excluding GBC services imports, which provides an alternative perspective more closely aligned with the foreign exchange financing needs of the domestic economy.

This dual presentation enhances transparency and facilitates a more comprehensive evaluation of external resilience. The Bank has extended the additional import cover series to 2018[1]  and will henceforth publish both indicators to ensure clarity and comparability.

Based on the imports of goods and services for calendar year 2025, the GOIR as at end-April 2026 represented 13.6 months of imports (excluding GBC services imports) and 10.0 months of imports (including GBC services imports).

 

Table 1: Gross Official International Reserves: April 2025 – April 2026

 

Economic Analysis & Research

and Statistics Department

 

 

[1] Import cover series is available at https://www.bom.mu/sites/default/files/GOIR_26.xlsx.