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Mozambique Cuts Key Rate to 11.75% Despite Inflation Uptick

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Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • Central bank continues easing to support growth
  • Political risk and debt pressures linger after disputed election

The Central Bank of Mozambique lowered its benchmark interest rate to 11.75% at its latest monetary policy meeting, extending an easing cycle that has brought borrowing costs to their lowest level since December 2020.

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