Mauritian Rupee


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Mauritian Rupee

The currency of Mauritius. It was introduced in 1874, replacing the Mauritian dollar and the Indian rupee. It was pegged at par to the Indian rupee until 1934, when it changed its peg to the British pound (the currency to which the Indian rupee was itself pegged). Mauritius maintained the peg to the pound until 1979.
References in periodicals archive ?
Investments proposed around the partnership are in the area of 50 million Mauritian Rupees.
Takes US dollars, Indian rupees, mauritian rupees and sterling
2 million during the third quarter of fiscal 2003 due to the significant devaluation of the US dollar versus the Euro, Mauritian Rupees and South African Rand.
ATOL financed the project at a cost of 11bn Mauritian rupees.