FX.co ★ Mozambique Holds Benchmark Rate at 9.25% as Monetary Policy Steadies

Mozambique’s central bank kept its key interest rate unchanged at 9.25% in its latest policy decision, according to data updated on 25 May 2026. The benchmark rate remains at the same level as the previous month, signaling a continuation of the current monetary stance.

On a month-over-month basis, there was no change in the policy rate, with the “actual” indicator matching the “previous” comparison period at 9.25%. The decision suggests policymakers see no immediate need for further tightening or easing, opting instead to maintain stability as they assess evolving domestic and global economic conditions.

The steady rate may reflect a cautious approach by authorities as they monitor inflation, growth dynamics, and external pressures, particularly with global financial conditions still in flux. For businesses and investors, the hold at 9.25% provides a degree of predictability in financing costs in the near term.