Mauritius keeps key repo rate unchanged at 4.65 pct

Reuters
A Mauritian man rides his motorbike past Mauritius' central bank in the capital Port Louis, September 18, 2007. REUTERS/Ed Harris

PORT LOUIS (Reuters) - Mauritius held its key repo rate unchanged at 4.65 percent on Monday, in line with market expectations, the central bank said. The bank said in a statement that although the Indian Ocean island was facing downside risks to its economic outlook, wage developments in excess of inflation and productivity gains continue to remain the main upside risk to inflation in the medium term.