The government, through the Ministry of Finance, National Planning and Trade (MoFNPT), is issuing a 10-year Treasury bond for fiscal purposes as per its Q4 Issuance Plan.
The 10-year .
8 strong currencies in Africa | The Nation Newspaper
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Seychellen Tipps - 5 Reisetipps für die traumhafte Insel Mahé
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Governor Abel (Photo: Anel Robert)
Despite demand consistently outweighing supply of foreign exchange to the domestic market, the Central Bank of Seychelles has over the past couple of weeks recorded a slight improvement in both, resulting in some stability in the foreign exchange market.
Governor of Central Bank of Seychelles (CBS) Caroline Abel, during the press update held at ICCS yesterday, noted that demand is still slightly higher than supply, although CBS continues to monitor the situation on a daily basis.
“Over the last two weeks, we have observed some stability in the exchange rate and some convergence of demand and supply, but what remains as a concern for the Central Bank in light of an elevated exchange rate, it is having a significant consequence for increasing prices, and therefore affecting the objective of price stability of the CBS. We would like to call on all economic agents that we really need to relook at our consumption, which will affect the whole country