Browsing: Standard Bank

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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Economy A graph from the IMF presentation, 30 May 2017
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Standard Bank now expects Mozambique’s currency, the metical, to stabilise at its current level of around 60-61 to the dollar through the end of 2017 - a sentiment echoed by the International Monetary Fund’s representative in Mozambique this week who said [...]

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