mozambique’s central bank became the first globally to raise interest rates this year in a surprise move saying the increasing number of coronavirus infections and recent natural disasters worsened the inflation outlook the banco de mocambique raised its interbank rate to 1325 from 1025 that is the first increase in the key lending rate known by its portuguese acronym mimo since it was introduced in 2017 it lifted the permanent lending facility rate to 1625 from 1325