Mozambique’s Central Bank reduced its benchmark lending rate by 25 basis points to 22.5 per cent, the regulator’s website showed Friday.
The Bank of Mozambique said falling consumer price inflation and a firmer currency against the dollar had prompted the decision to reduce rates.
Mozambique’s Central Bank reduced its benchmark lending rate by 25 basis points to 22.5 per cent, the regulator’s website showed Friday.
The Bank of Mozambique said falling consumer price inflation and a firmer currency against the dollar had prompted the decision to reduce rates.
Business a.m. is Nigeria’s leading business and financial newspaper, delivering in-depth news, analysis, and insights on economics, markets, finance, technology, agriculture, and policy. With a commitment to quality journalism and data-driven reporting,
