Economy / Mozambique
Macroeconomic Forecast Mozambique
February 2010 | Macroeconomic ForecastsThe metical has weakened in recent trading to a level of MZN33.12/US$. That said, in recent weeks there had been little change to the metical, largely on the back the central bank policy. Indeed, it appears that the bank sold US dollars in January in order to offset a strengthening US currency.
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