Mozambique Interest Rate  2009-2016 | Data | Chart | Calendar | Forecast

The central bank of Mozambique left its benchmark lending rate unchanged at 12.75 percent at its May 13th meeting, following a 200bps hike in April, saying the country is facing a difficult situation and more austerity is needed. Policymakers also showed concerns about donors suspending aid, following the disclosure of $1.35 billion hidden debt which led the country to be downgraded by Moody's and Fitch and that GDP and inflation forecasts shoul be revised. The Mozambican economy is facing high inflationary pressures due to a severe drought and the metical depreciation. Interest Rate in Mozambique averaged 11.23 percent from 2009 until 2016, reaching an all time high of 16.50 percent in February of 2011 and a record low of 7.50 percent in November of 2014. Interest Rate in Mozambique is reported by the Banco de Moçambique.

Mozambique Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
12.75 10.75 16.50 7.50 2009 - 2016 percent Daily
In Mozambique, interest rates decisions are taken by the Monetary Policy Committee of the Central Bank of Mozambique (Banco de Moçambique). The official interest rate is the Standing Lending Facility Rate (taxa de juro da facilidade permanente de cedência). This page provides - Mozambique Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-14 03:50 PM Interest Rate Decision 10.75% 10.75% 10.75%
2016-04-20 08:30 PM Interest Rate Decision 12.75% 10.75% 11.3465%
2016-05-13 04:00 PM Interest Rate Decision 12.75% 12.75% 12.75%
2016-06-13 03:00 PM Interest Rate Decision 12.75% 12.75%
2016-07-13 03:00 PM Interest Rate Decision 13%
2016-08-15 03:00 PM Interest Rate Decision 13%

Mozambique Money Last Previous Highest Lowest Unit
Interest Rate 12.75 10.75 16.50 7.50 percent [+]
Money Supply M3 327839.60 335463.30 335463.30 65526.70 MZM Million [+]
Foreign Exchange Reserves 1830.70 1869.00 3243.80 625.00 USD Million [+]
Deposit Interest Rate 8.58 8.80 38.84 7.80 percent [+]
Lending Rate 17.03 16.57 29.75 14.23 percent [+]
Loans To Private Sector 216088949.80 215373747.00 224843380.60 12719071.00 MZN Thousand [+]




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Belize 2.50 Apr/16
Croatia 2.50 Apr/16
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