GOVERNOR OF BANCO DE MOÇAMBIQUE ANNOUNCES REDUCTION OF POLICY RATE TO 15.75% AT PRESS CONFERENCE
Wednesday, 27 March 2024
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This Wednesday (27), the Governor of the Banco de Moçambique held a press conference to announce the latest decisions of the Monetary Policy Committee (MPC), highlighting the reduction of the MIMO policy rate from 16.50% to 15.75%.
According to the central bank Governor, this decision is underpinned by the consolidation of prospects for single-digit inflation over the medium term, amid an ongoing favorable assessment of risks and uncertainties associated with projections.
Click here to read the full communiqué.
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