MIMO POLICY RATE UNCHANGED AT 17.25%
Wednesday, 25 January 2023
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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