Ethiopia’s remittances hit US$2.4B in 11 months
The Commercial Bank of Ethiopia (CBE) announced that Ethiopians living abroad have sent US$2.4B remittances to ...
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Tag: Currency
Mozambique: Metical appreciated 35% this year, but earnings expected to reverse – Standard Bank
Mozambique's currency, the metical, has appreciated 35% to 55 meticais per dollar since January, but "is ...
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Zimbabwe considering bank fines, suspensions over currency gouging
Zimbabwe is considering penalising domestic banks, telecommunications operators and other businesses over what the government describes ...
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Mozambique: ‘Valuation of the metical only useful if reflected on the economy’
The president of the Confederation of Economic Associations of Mozambique (CTA) told Lusa news agency yesterday ...
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Mozambique’s Metical the world’s best performing currency since February
A deadly raid by insurgents that stopped work at a gas project that Mozambique depends on ...
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Mozambique: Metical recovers against US dollar
The Mozambican currency, the metical, has been appreciating considerably against the US dollar (USD) in the ...
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