Interest Rate in Mozambique
Mozambique - Interest RateWhile still struggling to deal with the impact of Cyclone Idai that struck in late-March, Mozambique was slammed by yet another storm, Cyclone Kenneth, just six weeks later. This has only exacerbated the humanitarian emergency, posing an immense challenge for reconstruction efforts ahead, which are reportedly set to cost around USD 3.2 billion. For their part, the IMF approved emergency financial assistance worth about USD 118 million, while the World Bank announced it will provide USD 350 million to help the government respond to the disaster. On the economic front, activity lost pace, on average, in January–February compared to Q4 2018. This, coupled with tumbling business confidence in March and in light of the damage created by Cyclone Idai that same month, indicates the economy is set for a weak first quarter.
Mozambique - Interest Rate Data
|standing lending facility (%, eop)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Mozambique Interest Rate Chart
Source: Bank of Mozambique
|Exchange Rate||62.10||0.48 %||Jun 13|
|Stock Market||0.1||0.0 %||Jun 13|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.