Mozambique’s central bank cut its benchmark lending rate to the lowest level since December 2020, despite post-election unrest that has shaken the southeast African nation’s economy. Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City,

Mozambique's central bank cut its main interest rate by 75 basis points on Wednesday, the sixth cut in a row, as inflation remains subdued in the southern African country. Mozambique's MIMO interest rate was reduced to 12.

SYDNEY—The Reserve Bank of New Zealand has continued to slash interest rates, extending its campaign to restore momentum to the country’s stalled economy while signaling that more cuts are likely next year.