Mozambique Leaves Monetary Policy Unchanged


At its May 12th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent, citing underlying risks in the international and domestic economy.

The Bank continued with what he calls a prudent monetary policy and said it will intervene in the interbank markets to accomplish the 47533 million Meticais base money target for May. 

The deposit facility rate and the reserve requirements ratio were left on hold at 1.5 percent and 8.0 percent, respectively.

Mozambique Leaves Monetary Policy Unchanged


Joana Taborda | joana.taborda@tradingeconomics.com
5/12/2014 6:52:24 PM