Foreign exchange reserves, billion currency units in Mozambique, November, 2019
For that indicator, Bank of Mozambique provides data for Mozambique from 2008 to 2019. The average value for Mozambique during that period was 95.8 billion Mozambique Metical with a minimum of 35.36 billion Mozambique Metical in February 2008 and a maximum of 224.29 billion Mozambique Metical in October 2019.
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around the world.
* indicates monthly or quarterly data series
Measure: billion Mozambique Metical
Source: Bank of Mozambique
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.