The Bank of Mozambique held its policy rate at 15.25% after the war in Ukraine helped push inflation to 7.9% in April

Standard Bank has traded accusations with the Bank of Mozambique over who was responsible for a dramatic fluctuation in the value of the metical in April this year

One analyst told Zitamar the central bank's actions were probably provoked by Standard Bank having advised clients to short the metical

The decision reflects the Bank of Mozambique’s laser focus on inflation, and inflation only

The Bank of Mozambique’s surprise decision to raise interest rates last month has led Standard Bank to cut its growth forecast for this year — and to revise its forecast for the metical, which it now expects to strengthen

Mozambique's Attorney General has filed charges at a court in Maputo against former finance minister Manuel Chang, and three former central bank employees

The Bank of Mozambique held interest rates steady on Thursday, due to increased concerns over inflation and increased pressure on public finances caused by conflict in Cabo Delgado and the coronavirus pandemic

Welcome to Zitamar’s daily Mozambique briefing for 10 August, 2020 Zitamar Daily Briefing Aug 10…...

The Bank of Mozambique today lowered interest rates again, saying its inflation forecasts have fallen substantially due to a fall in internal demand that would accompany a prolonging of the restrictions under the current state of emergency to prevent the spread of Covid-19

The Bank of Mozambique decided to keep interest rates and reserve requirements steady, despite growing risks and uncertainties for the economy