International Reserves in Mozambique

Mozambique International Reserves | Economic News & Forecasts

Mozambique - International Reserves

Although growth edged up in the first quarter, due to stronger expansions of the utilities and transportation sectors, momentum remained subdued by historical standards and likely deteriorated markedly in the second quarter amid the full impact of the Covid-19 outbreak and associated containment measures. In April, business turnover plunged by over 15% annually as activity in the key extractive industry and commerce sector was hampered by restrictions. Business confidence also retreated to its lowest in over 15 years in the same month on a weakened outlook for employment and demand ahead. Complicating matters, the state of emergency was extended for the third time until 30 July, though with some relaxation of restrictions—boding ill for activity in the remainder of Q2 and outset of Q3.

Mozambique - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)2.6  2.1  3.4  3.1  3.9  

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Mozambique International Reserves Chart

Mozambique International Reserves
Note: International reserves, months of imports
Source: Bank of Mozambique

Mozambique Facts

Value Change Date
Exchange Rate62.430.48 %Jan 01
Stock Market0.10.0 %Jan 06

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