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Mozambique Interest Rate Decision

Interest rate decisions are decided by the Monetary Policy Committee of the Central Bank of Mozambique, which is the country's central bank and is responsible for setting the country's interest rates (Banco de Mozambique). At the moment, the official interest rate is determined by the interbank money market rate (taxa do Mercado Interbancario Mozambicano, MIMO). In force from April 10th, 2017, it has completely replaced the standing lending facility rate (taxa de juro da facilidade permanente de cedência), which was previously in effect.

A higher than expected figure should be seen as positive (bullish) for the MZN while a lower than expected figure should be seen as negative (bearish) for the MZN.

Category:  Interest Rate
Units:  Percent
Impact: Low
Currency: MZN
Latest Release
Previous: 17.25%
Consensus: 16.25%
Actual: 17.25%
Next Release
No data