Mozambique: Central Bank Keeps Interest Rates Unchanged

Maputo — The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on Wednesday, decided to keep the bank's key interest rates unchanged.

According to a statement from the CPMO, signed by the governor of the Bank, Rogerio Zandamela, the Interbank Money Market Rate (MIMO), used by the central bank for its interventions on the interbank money market to regulate liquidity, remains 10.25 per cent.

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