Bank of Mozambique

01/25/2023 | Press release | Distributed by Public on 01/26/2023 02:41

MIMO POLICY RATE UNCHANGED AT 17.25%

The Monetary Policy Committee (MPC) of the Banco de Moçambique has decided to keep the MIMO policy rate unchanged at 17.25%.

The MPC has also decided to increase reserve requirements from 10.5% to 28.0% and 11.5% to 28.5% on domestic currency and foreign currency liabilities, respectively.

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