International Reserves in Mozambique
Mozambique - International ReservesAlthough 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
|International Reserves (USD)||2.6||2.1||3.4||3.1||3.9|
5 years of economic forecasts for more than 30 economic indicators.
Mozambique International Reserves Chart
Source: Bank of Mozambique
|Exchange Rate||62.43||0.48 %||Jan 01|
|Stock Market||0.1||0.0 %||Jan 06|
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