The Monetary Policy Committee of the Bank of Mozambique (CPMO) convened in Maputo and decided to hold the country’s key interest rate steady at 9.25 percent. The decision, made on October 1st, reflects the committee's assessment of current economic conditions in Mozambique. Further details regarding the reasoning behind this holding of the rate were not immediately available. This move suggests a cautious approach to monetary policy amidst ongoing economic considerations within Mozambique. It is expected that the Bank of Mozambique will continue to monitor economic indicators to inform future policy adjustments. The CPMO’s decision impacts borrowing costs and potentially influences inflation in the country.