The Monetary Policy Committee (MPC) of the Banco de Moçambique has decided to keep the monetary policy rate, MIMO, unchanged at 9.25%. This decision reflects the persistence of heightened uncertainty regarding the duration of the conflict in the Middle East and its spillover effects on supply chains and the supply of goods, as well as on international and domestic fuel and food prices.

Read the Communiqué here.

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• Celebrating 51 Years of Banco de Moçambique
• Find answers to your questions about METIX
• BM Podcast: Learn More About Mozambique’s Sovereign Wealth Fund