Mozambique: Questions raised over the rising metical – Carta

One United States dollar (USD) now costs 55 Meticais, after peaking at Meticais within the last 12 months, because of the global crisis caused by the Covid-19 pandemic. This exponential depreciation against the national currency, the Metical, is raising questions in all aspects. In addition to the US dollar, the value of the Euro is … Continue reading Mozambique: Questions raised over the rising metical – Carta