Mauritian Rupee

The Mauritian rupee is the currency of Mauritius. The banknotes have both a paper banknote and polymer (plastic) banknote series in circulation. The Bank of Mauritius (BOM) is responsible for issuing the Mauritian banknotes. The Mauritian rupee was initially pegged to the Indian rupee and the British pound, but is not pegged to any currencies today. The Bank of Mauritius was modelled after the Bank of England and senior officers of the BOE helped to set up BOM. The Bank’s main objective is ensure the value of the currency and work towards strengthening the economic activity.