Mozambique: 2024 series banknote, coin production cost €46.9M - central bank
Mozambique cuts key lending rate by 150 bps to 19%
9:36 CAT | 26 Feb 2018
Magazine Independente (File photo)
Mozambique’s central bank reduced its benchmark lending rate by 150 basis points to 19 percent on Monday.
The central also said its monetary policy committee had also decided to reduce the monetary policy interest rate, or MIMO, by the same margin to 18 percent.
Source: Reuters
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