Intelligent news from Mozambique

Mozambique currency shrugs off sovereign default to firm up against the dollar

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Mozambique’s currency, the metical, has recovered ground against the dollar despite a sovereign default in January, with economists now increasingly bullish about its prospects for the rest of the year.

© Zitamar Ltd. Reproduction and dissemination prohibited without written permission.

© 2017, Zitamar Ltd. Reproduction and dissemination prohibited without written permission.

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