Regulatory Alerts2025-01-28
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Circular No. 01/EMO/2025, January 28 – Approval of the Mandatory Reserve Rate and Revocation of Circular No. 02/EMO/2023, May 31
The Bank of Mozambique establishes mandatory reserve coefficients of 29.00% for national currency and 29.50% for foreign currency bases under Circular No. 01/EMO/2025, issued by its Monetary Stability Department. The regulation takes effect from the reserve establishment period beginning January 29, 2025, and formally revokes Circular No. 02/EMO/2023 alongside all contrary provisions. Any interpretation or application queries regarding these rates must be submitted to the Bank's Markets and Reserve Management Department.
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