MIMO POLICY RATE UNCHANGED AT 17.25%
Wednesday, 30 November 2022
The Monetary Policy Committee (MPC) of the Banco de Moc¸ambique has decided to keep the MIMO policy rate unchanged at 17.25%. This measure follows from the high risks and uncertainties associated with inflation forecasts, especially the effects of the persistence of the geopolitical tension in Europe and the external demand slowdown, despite prospects of inflation reverting to a single digit in the medium term.
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