Mozambique Interest Rate  2009-2017 | Data | Chart | Calendar | Forecast

The Central Bank of Mozambique lowered its benchmark interest rate by 25bps to 21.5 percent on August 11th, citing a slowdown in inflation. The permanent lending facility rate and the permanent absorption facility rate were also cut by 25bps to 22.5 percent and 16 percent, respectively. Annual inflation rate fell to 16.2 percent in July, its lowest level since March last year. Interest Rate in Mozambique averaged 12.66 percent from 2009 until 2017, reaching an all time high of 23.25 percent in October of 2016 and a record low of 7.50 percent in November of 2014.

Mozambique Interest Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-10 03:55 PM Interest Rate Decision 22.75% 23.25% 23.25%
2017-06-19 05:00 PM Interest Rate Decision 21.75% 21.75%
2017-08-11 09:40 AM Interest Rate Decision 21.50% 21.75% 21.75%

Mozambique Money Last Previous Highest Lowest Unit
Interest Rate 21.50 21.75 23.25 7.50 percent [+]
Money Supply M3 360136.00 346765.40 382026.30 65526.70 MZM Million [+]
Foreign Exchange Reserves 2169.00 2052.00 3251.00 625.00 USD Million [+]
Deposit Interest Rate 10.80 8.53 38.84 7.80 percent [+]
Lending Rate 28.17 28.25 29.75 14.23 percent [+]
Loans To Private Sector 261957603.50 267726287.90 270814633.70 12719071.00 MZN Thousand [+]

Mozambique Interest Rate Notes

In Mozambique, interest rates decisions are taken by the Monetary Policy Committee of the Central Bank of Mozambique (Banco de Moçambique). The official interest rate is the interbank money market rate (taxa do mercado interbancário moçambicano, MIMO). It was first introduced on April 10th 2017 and replaced the standing lending facility rate (taxa de juro da facilidade permanente de cedência). This page provides - Mozambique Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
21.50 21.75 23.25 7.50 2009 - 2017 percent Daily

interest rate by Country

Brazil 9.25 Jul/17
Russia 9.00 Jul/17
Turkey 8.00 Jul/17
Mexico 7.00 Aug/17
India 6.00 Aug/17
Indonesia 4.75 Aug/17
China 4.35 Jun/17
Australia 1.50 Aug/17
South Korea 1.25 Jul/17
United States 1.25 Jul/17
Canada 0.75 Jul/17
United Kingdom 0.25 Aug/17
Euro Area 0.00 Aug/17
France 0.00 Aug/17
Germany 0.00 Aug/17
Italy 0.00 Aug/17
Netherlands 0.00 Aug/17
Spain 0.00 Aug/17
Japan -0.10 Jul/17
Switzerland -0.75 Jul/17