Economy and Consumption: Money Supply Expected to Approach Rs 70 Billion in December

It was to be expected, although caution remained essential. In Mauritius, as elsewhere, the month of December is synonymous with increased consumption. And where there is consumption, there is an accelerated circulation of cash. The result: a nearly mechanical increase in the money supply, which is projected to exceed Rs 70 billion this month, marking a historically high level.

This increase is primarily explained by temporary factors. The temporary swelling of the money...