The FOMC judged this extended period of exceptionally low interest rates to have been helpful in assisting the economy in recovering from a string of adverse shocks. But in the process of returning the stance of policy to a more neutral setting, at least some of the capital gains on debt instruments registered in recent years will inevitably be reversed.
In this regard, the Bank of Mauritius wants to give an even greater dimension to our competitiveness and resilience through technology, discipline and innovation. Barclays, from what I understand, has been very busy lately in the area of Fintech and blockchain. Barclays has a Tech Forum consisting of leading Fintech and IT professionals.