Mozambique: Volume of Currency Trading Reached 5.73 Billion Dollars

Maputo — Mozambique’s foreign exchange market has recorded a high volume of currency trading between January and August of this year, with commercial banks purchasing 5.73 billion US dollars.

On the other hand, the commercial banks sold 5.65 billion dollars to their clients, according to data released on Wednesday by the Monetary Policy Committee of the Bank of Mozambique (CPMO).

Speaking to reporters, Felisberto Navalha, governor of Bank of Mozambique, explained that the dynamism of the foreign…