Sharing a common currency implies the need to take a policy perspective which goes beyond the level of the national economy, and this also applies to policy fields other than monetary policy.
Modernisation of our payments and settlement system The first phase of the modernization of our payments and settlement system started with the implementation of MACSS – the Mauritius Automated Clearing and Settlement System. It links electronically all banks operating in Mauritius as well as the Ministry of Finance to the Bank of Mauritius.