Mauritius’ central bank held its key interest rate at 4.5%, the highest since October 2015. Policymakers cited declining inflationary pressures, with annual inflation falling to a near two-year low of 5.9% in August. The economy remains on a strong growth trajectory, with GDP growth projections for 2023 ranging between 6.5% and 7.5%. Additionally, the unemployment rate is falling, and the banking sector is demonstrating resilience.