Investors in Seychelles dollar debt are being rewarded with region-beating returns almost six years after the Indian Ocean archipelago defaulted as an improvement in tourism spurs economic growth.
Seychelles’s weakening rupee is fueling inflation and risks reducing the foreign reserves of the Indian Ocean archipelago, central bank Governor Pierre Laporte said.
From Serbia to the Seychelles, Etihad Airways Chief James Hogan is being greeted as a savior for his willingness to bail out cash-strapped carriers.
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