Mauritius Shuts Banks, Stock Exchange on Rain Warning

Mauritius’s central bank declared Wednesday a bank holiday and the stock exchange suspended trading after the country’s meteorological services warned of torrential rainfall.

The bank holiday took effect at 10:30 a.m. local time and trading on the Stock Exchange of Mauritius was set to be suspended from 12:30 p.m., the Bank of Mauritius and the exchange said in separate statements.