> The Stock Exchange of Mauritius (SEM) introduces dual currency trading and settlement on foreign currency denominated financial instruments listed on its platform.



The objective of dual currency trading is to offer investors the option to trade foreign currency denominated securities (USD, Euro, GBP and ZAR) in Mauritius Rupee (MUR) also. At the request of the respective issuers, SEM will allow securities that are denominated in foreign currencies, to be traded:

(i) in their underlying primary currency, which is the currency in which the security is issued

 

(ii) and in the local currency, namely the Mauritius Rupee (MUR).



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06-Dec-2016