Notice 5 / GBM / 2017 – Sets out the Exchange Rate Valuation for conversion into national currency of assets and liabilities in foreign currency and revokes the Notice No. 3 / GGBM / 2005 of 25 May

The Noticesets out the Exchange Rate Valuation for conversion into national currency of assets and liabilities in foreign currency applicable to credit institutions and financial companies.

For the exchange of Metical of assets and liabilities in foreign currency the credit institutions  and financial companies,  it must be applied the market exchange reference rate calculated by the Bank of Mozambique and made available at 3.30PM in each business day.

Erna Guetsa

Lawyer