Mauritian Rupee

Mauritian Rupee

The rupee (sign: ₨; ISO 4217 code: MUR; pronunciation: [ʁupi]) is the currency of Mauritius. One rupee is subdivided into 100 cents. Several other currencies are also called rupee.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

43 Mauritian Rupee to British Pound exchange rates chart

43 MUR to GBP exchange rates graph
43 MUR to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

43 MUR to GBP exchange rates table

Exchange MUR to GBP
43 Mauritian Rupee = 0.992 British Pound
86 Mauritian Rupee = 1.985 British Pound
215 Mauritian Rupee = 4.961 British Pound
430 Mauritian Rupee = 9.923 British Pound
Exchange Mauritian Rupee to British Pound
43 Mauritian Rupee to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

43 MUR to GBP exchange rates news

Mauritius bourse looks to entice African issuers with new index

PORT LOUIS (Reuters) - The Stock Exchange of Mauritius will launch a new index next month dedicated to African firms to attract more issuers from

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Mauritius bourse looks to entice African issuers with new index

The Stock Exchange of Mauritius will launch a new index next month dedicated to African firms to attract more issuers from the continent, its chief executive said.

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India extends $100 million line of credit to Mauritius

Mauritius is one of Indias closest partners in the IOR and also has close links with France. It will be a key pillar in Indo-French partnership in IOR, officials said.

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Mauritius President Quits After Clash Over Shopping Expenses

Mauritian President Ameenah Gurib-Fakim, the island nation’s first woman head of state, quit in the wake of a scandal over a shopping expenses that led to a breakdown in her relationship with the prime minister.

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Brexit uncertainty accelerates dive in British Pound

The British Pound has hit a twenty month low after UK Prime Minister Theresa May abandoned a vote on Brexit.

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GBP/JPY: British Pound jumps to 144.760 following the Brexit deal with EU; resistance ahead at 145.085

GBP/JPY: British Pound jumps to 144.760 following the Brexit deal with EU; resistance ahead at 145.085

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43 MUR to GBP currency converter