Browsing: inflation

Economy Bank of Mozambique governor Rogerio Zandamela. Photo: Bank of Mozambique
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The Bank of Mozambique (BM) this week took another step toward ‘normalising’ monetary policy in the country, cutting its policy interest rate for the first time this year to bring it down to the top end of a range that IMF economists say would be [...]

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Business Bank of Mozambique staff assembled in Lichinga, January 2018
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Bank of Mozambique governor Rogerio Zandamela said yesterday that the country’s updated foreign exchange which, among other things, removes the requirement for companies in Mozambique to convert at least half of their export earnings into meticais, would [...]

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