MIMO POLICY RATE UNCHANGED AT 17.25%

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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