242017Aug
Mozambique introduces an exchange reference rate regulation and method of calculation

Mozambique introduces an exchange reference rate regulation and method of calculation

Notice 4 / GBM / 2017 of April 20, 2017 is aimed at promoting greater transparency in the market, and more specifically, the process of setting exchange rates; ¬†introducing¬†into the Mozambican market an exchange reference rate regulation and method to be used to calculate same. Such regulation applies to banks and bureaux de change and…

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