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MIMO policy rate (Banco de Moçambique)

9.25%unchanged vs 16 Oct 2026

Latest observation 17 Oct 2026

MIMO policy rate (Banco de Moçambique)

What is this?

The central bank's main interest rate, which guides what banks charge for loans and pay on deposits.

How to read it

  • Cuts make borrowing cheaper; increases aim to slow inflation. Compare with inflation: a rate well above inflation is tight policy.
  • Unit: %.

What does the data say?

MIMO policy rate (Banco de Moçambique) has not changed over the period shown: 9.25 % since 29 Jul 2026.

Why does it matter?

  • Households: Loan repayments and deposit returns follow it with a lag.
  • Businesses: Cost of credit for investment and working capital.
  • Government: Cost of domestic borrowing.
  • Investors: Returns on metical assets.
  • Mobile money: Shapes the pricing of digital savings and credit; effects on wallet use are indirect.

What should I watch?

Data source

Source
Banco de Moçambique
Status
Fetched live on the last refresh
Latest observation
17 Oct 2026
Last updated
2026-10-17
Frequency
When decisions are announced
Method
Rate in force on the date it was read from the Banco de Moçambique homepage (lib/monthly.ts), plus a saved reading.
Limitations
Only readings taken by this site are stored; earlier decisions are not yet loaded, so history is short.
8.509.009.5010.0029 Jul 202617 Oct 2026
Latest
9.25
Change
+0.00 pts
High
9.25 29 Jul 2026
Low
9.25 29 Jul 2026
Average
9.25

MIMO policy rate (Banco de Moçambique) has not changed over the period shown: 9.25 % since 29 Jul 2026.

What is this?

The central bank's main interest rate, which guides what banks charge for loans and pay on deposits.

How to read it

Cuts make borrowing cheaper; increases aim to slow inflation. Compare with inflation: a rate well above inflation is tight policy.

Unit: %.

What does the data say?

MIMO policy rate (Banco de Moçambique) has not changed over the period shown: 9.25 % since 29 Jul 2026.

Why does it matter?

  • Households: Loan repayments and deposit returns follow it with a lag.
  • Businesses: Cost of credit for investment and working capital.
  • Government: Cost of domestic borrowing.
  • Investors: Returns on metical assets.
  • Mobile money: Shapes the pricing of digital savings and credit; effects on wallet use are indirect.

Observed facts are above; these are possible implications, not measured effects.

Explore relationships →

What should I watch?

Data source

Source
Banco de Moçambique
Frequency
When decisions are announced
Observations
3 (29 Jul 2026 – 17 Oct 2026)
Last retrieved
2026-10-17
Method
Rate in force on the date it was read from the Banco de Moçambique homepage (lib/monthly.ts), plus a saved reading.
Limitations
Only readings taken by this site are stored; earlier decisions are not yet loaded, so history is short.
Download
All stored observations (JSON) · CSV from the chart