The reform in large financial institutions, which is the basis for exchange rate regime reform, was completed by July 2005. The Bank of Communications, China Construction Bank and the Bank of China finished financial restructuring and became listed companies.
Policymakers around the world introduced several non-conventional measures to calm financial markets and provide confidence to investors. The Mauritian economy grew at a relatively healthy rate of 3.4 per cent in 2012 despite the negative sentiment that prevailed during much of that year.