Mozambique central bank holds policy rate at 9.25% on stable inflation outlook

The pause signals confidence in domestic price controls, keeping borrowing costs steady for local businesses and investors.

By Handelsavisen Newsroom · Automated 2026-07-29 15:09 UTC · 1 min read

The Bank of Mozambique has kept its key policy interest rate, the MIMO, unchanged at 9.25%.

The central bank cited confidence in the stability of the domestic economy and the effectiveness of measures taken to control inflation as the primary drivers behind the decision to maintain the current monetary stance.

The decision reflects a cautious approach to monetary policy in a market where price stability remains a priority.

By holding rates steady, the central bank aims to avoid disrupting the economic equilibrium while continuing to monitor inflationary pressures.

This pause aligns with a broader trend among emerging market central banks that are prioritizing stability over aggressive easing in the current global environment.

For investors and businesses operating in Mozambique, the steady rate environment provides a degree of predictability for financing costs.