Since the end of December 2022, when they amounted to 62,144 million meticais (€933 million), the volume of bank reserves held by the central bank has already increased by more than 332%. The mandatory reserves of Mozambican banks grew again in September, reaching a historic accumulated 268.392 billion meticais (€4.031 billion) and increasing 13% in … Continue reading Mozambique: Banks’ mandatory reserves swelled to new record in September