Mozambique Holds Rates Eying Double-Digit Inflation Threat
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Article Excerpt
Boats on the waterfront at dusk in Maputo, Mozambique, on Thursday, Nov. 28, 2024. The continued disruption following election results disputes is hitting the already strained state finances with annual inflation in Mozambique edged up to 2.7% in October. PHOTO BY KANG-CHUN CHENG /Bloomberg Article content (Bloomberg) — Mozambique’s central bank kept its benchmark interest rate unchanged for the second time in a row as surging global energy costs push local prices higher and muddy the inflation outlook. Article content The Banco de Moçambique left the rate, known by its Portuguese acronym Mimo…
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May 30, 2026