Regulatory Alerts2026-05-26
Circular No. 02/EMO/2026, of May 25 - Approval of the Mandatory Reserves Incidence Rate and Revocation of Circular No. 01/EMO/2025, of January 28
The Bank of Mozambique establishes mandatory reserves coefficients at 39.00% for national currency and 29.50% for foreign currency, effective from the establishment period commencing May 27, 2026. This Circular formally approves the updated incidence rates and revokes Circular No. 01/EMO/2025 along with all contrary provisions. Any interpretation or application queries regarding these rates must be submitted to the Bank's Markets and Reserves Management Department.
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