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06 May 2026
A Strategic Window in a Volatile World
We are mid-April, geopolitical tensions between the United States, Israel and Iran remain elevated, with the Strait of Hormuz emerging as a critical pressure point for global energy markets. Regional instability persists, with ongoing strikes between Israel and Lebanon. According to BBC reporting, whether or not a ceasefire is reached, the reshaping of the Middle East is far from complete.
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Communiqué
27 April 2026
Public Holiday – Friday 01 May 2026
We wish to inform you that the Bank will be closed on Friday 01 May 2026, in view of the Labour Day.
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News
17 April 2026
A World-Class Achievement: La Réserve Golf Links Enters the Global Top 30
As title sponsor of the AfrAsia Bank Mauritius Open, we are immensely proud to celebrate a historic milestone for Mauritian golf. For the first time a local course has been recognised among the world’s finest and we have had the front-row privilege of witnessing its rise.
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Market Outlook
Exchange
Rates
Rates
Buying
Buying Notes
Selling
Selling Notes
AUD
33.39
33.19
35.69
35.69
CAD
33.92
33.72
36.35
36.35
EUR
54.10
53.69
55.72
55.72
JPY
29.55
29.00
30.44
30.44
GBP
62.64
62.31
64.52
64.52
USD
46.10
46.00
47.48
47.87
*N.D means no dealing
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Insights
Insights
Government
Securities
Securities
Primary Dealing (Sale/Purchase of Government Securities) as at 06 May 2026
Tenor
BID
OFFER
up to 30
3.85
3.70
31-60
3.90
3.75
61-90
4.20
4.05
91-135
4.25
4.10
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I want to thank you for the amazing service and efficiency to meet the deadline. I know this was an extremely difficult task.CEO, GRIT Real Estate Income Group
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Indeed thanks for your professionalism and hardwork, it’s a pleasure to work with team like you!
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Pleased to meet you, albeit virtually! Thanks for the speedy delivery of service. Much appreciated. Keep it up
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This is a short note to say thank you to you and the team for the excellent service , you exceeded our expectations. The bar has been set high, keep it up.
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- Mauritius exits EU list of High-risk third countries on 13 March 2022
- MBA Communique - Mauritius exits UK High-Risk Third Countries list
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- MBA Communiqué - FATCA
- MBA - KYC Policy Booklet
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AfrAsia Bank Limited is licensed and regulated by the Bank of Mauritius and the Financial Services Commission.
AfrAsia Bank Limited is regulated by the South African Reserve Bank and the Financial Sector Conduct Authority (FSP 52012)
AfrAsia Bank Limited (Dubai Branch) is regulated by DFSA.
Copyright 2026 AfrAsia Bank Limited. Designed by FRCI
AfrAsia Bank Limited is regulated by the South African Reserve Bank and the Financial Sector Conduct Authority (FSP 52012)
AfrAsia Bank Limited (Dubai Branch) is regulated by DFSA.
Copyright 2026 AfrAsia Bank Limited. Designed by FRCI