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Maputo \u2014 Note to subscribers: this replaces an earlier story on the interest cut, which contained errors<\/em><\/p>\n The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on Wednesday, decided to cut its benchmark interest rate, known as the MIMO rate, from 9.5 per cent to 9.25 per cent.<\/p>\n A statement from the CPMO said the decision for only a small cut in interest rates was the result of “persistent inflationary risks, a slowdown in economic activity, and the severe impacts of…<\/p>\n<\/div>\n Read more on AllAfrica.com<\/a> Maputo \u2014 Note to subscribers: this replaces an earlier story on the interest cut, which contained errors The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on Wednesday, decided to cut its benchmark interest rate, known as the MIMO rate, from 9.5 per cent to 9.25 per cent. A statement from […]<\/p>\n","protected":false},"author":11,"featured_media":222321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[654],"tags":[258,256,7089,29501,7210,4378,4704,682,257,7170,254,11595],"class_list":["post-222320","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mozambique","tag-africa","tag-africa-news","tag-bank","tag-corrected","tag-cuts","tag-interest","tag-mozambique","tag-mozambique-news","tag-news","tag-rate","tag-south-africa-today","tag-version"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/222320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=222320"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/222320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/222321"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=222320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=222320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=222320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 Southern Africa Mozambique<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"