Mozambique’s central bank keeps interest rate at 17.25%

The Bank of Mozambique’s Monetary Policy Committee (CPMO) has announced that the monetary policy interest rate, also known as MIMO, will remain at 17.25%. This decision is grounded on a range of factors such as potential risks, uncertainties, and pressure on public expenditures, along with ongoing international conflicts. Despite these challenges, the bank expects inflation […]

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