#Latest news with #BancoDeMoçambiqueBloomberg30-05-2025BusinessBloombergMozambique Extends Record Rate-Cutting Streak as Inflation CoolsMozambique's central bank lowered its benchmark interest rate for a record 9th consecutive time, with inflation set to remain in the single digits. The Banco de Moçambique cut the rate — known by its Portuguese acronym of Mimo — to 11% from 11.75%, Governor Rogerio Zandamela said.
Bloomberg30-05-2025BusinessBloombergMozambique Extends Record Rate-Cutting Streak as Inflation CoolsMozambique's central bank lowered its benchmark interest rate for a record 9th consecutive time, with inflation set to remain in the single digits. The Banco de Moçambique cut the rate — known by its Portuguese acronym of Mimo — to 11% from 11.75%, Governor Rogerio Zandamela said.