algodynamix

Mauritian Rupee losing ground against the USD!

FX_IDC:USDMUR   U.S. DOLLAR / MAURITIAN RUPEE
The Mauritian Rupee has been losing ground against the US Dollar and has lost almost 35% since 2014. The recent spike has accelerated this depreciation. Would the influx of tourists following the reopening of the borders - which should increase the supply of forex in the market - bring about a stabilisation in the USD/MUR rate?

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