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The dollar circulated alongside sterling and the Indian rupee. An unofficial exchange rate of 2 rupees to the dollar was used, although this overvalued the rupee for a time. In 1877, the Mauritian rupee was introduced. It replaced the dollar at a rate of 2 rupees = 1 dollar.
Travellers entering Mauritius are required to complete the "Mauritius All-In-One Travel Form" by the Ministry of Health and Wellness, either online or upon arrival in Mauritius. [ 1 ] [ 2 ] Under Mauritian law, all visitors are required to hold proof of sufficient funds to cover their stay (minimum of US$100 per day), confirmed hotel ...
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
Even though Mauritius was a British colony, the British Overseas Airways Corporation (B.O.A.C) began to come to Mauritius only from 1962. The Mauritius-London itinerary took 26 hours, with 4 stops. In 1967, a Boeing 707, capable of carrying 160 passengers was introduced on the Paris-Mauritius line, decreasing the travel time to 18 hours. [1]
India has become Mauritius' largest source of imports since 2007 and Mauritius imported US$816 million worth of goods in the April 2010-March 2011 financial year. Mauritius has remained the largest source of FDI for India for more than a decade with FDI equity inflows totalling US$55.2 billion in the period April 2000 to April 2011. [2]
The Bank of Mauritius was established in September 1967 as the nation's central bank and has been responsible for the issue of banknotes and coins since that time. [2] The bank issued its first notes in 1967, comprising four denominations: Rs. 5/-, Rs. 10/-, Rs. 25/-, and Rs. 50/-, all undated and featuring a portrait of Queen Elizabeth II on ...
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