USDMUR setting itself for a bounce

With the upcoming bounce in Tourism and upcoming military talks between Mauritius and the UK, we expect a bounce in the USDMUR pair. The Bank of Mauritius, the BOM, has also stopped selling some of its USD reserves.

That and more foreign inventory buying by local companies will accelerate the rise of USDMUR.


Look, I am not saying it will rise right now, you will need to have patience but those two key supports should hold!

Let's see!!!