International Reserves in Mozambique
Mozambique - International Reserves
In the 15 October elections, President Filipe Nyusi was re-elected with 73% of the votes. His Liberation Front (Frelimo) party secured a majority in all of the country’s provinces and won more than two-thirds of the seats in the National Assembly. This indicates a continuation of current economic policy, consisting primarily in attracting FDI in the natural gas sector. However, numerous irregularities were reported during the election day and Renamo, the main opposition party, has contested the result. This threatens the peace accord signed in August, which brought an end to four decades of violence, and thus stability in the country. In other news, a USD 727 million bond restructuring was concluded on 30 October with a new USD 900 million bond maturing in 2031, boding well for investor confidence and foreign aid.Mozambique - International Reserves Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 3.4 | 3.2 | 2.6 | 2.1 | 3.4 |
Mozambique International Reserves Chart
Source: Bank of Mozambique
Mozambique Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 63.60 | 0.48 % | Nov 21 |
| Stock Market | 0.1 | 0.0 % | Nov 20 |
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