✉news BusinessBanking first seen 13 h ago, last 1 h ago, peak #25
Mozambique central bank holds key rate at 9.25%
Original: Mozambique central bank leaves key rate unchanged at 9.25%
The Bank of Mozambique has kept its benchmark interest rate unchanged at 9.25% at its latest monetary policy meeting. The decision means borrowing costs in the southern African nation stay steady, with the bank opting not to adjust policy amid ongoing monitoring of inflation and economic conditions. Details on the bank's reasoning were not immediately available.
Why now: Markets and businesses in the region track Mozambique's monetary policy decisions for signals on inflation and borrowing costs.
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- Mozambique central bank leaves key rate unchanged at 9.25% · CNBC Africa
- Mozambique central bank leaves key rate unchanged at 9.25% · CNBC Africa
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