The Bank of Mozambique (Portuguese: Banco de Moçambique) is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. Banker redirects here; see wiktionary:banker for more meanings. ... A commercial bank is a type of financial intermediary and a type of bank. ... Monetary policy is the government or central bank process of managing money supply to achieve specific goals—such as constraining inflation, maintaining an exchange rate, achieving full employment or economic growth. ...

The bank is situated in the capital, Maputo, and its governor is named by the president of the republic. Map of Mozambique with Maputo highlighted Maputo is the capital of Mozambique. ... President is a title held by many leaders of organizations, companies, trade unions, universities, and countries. ...

• List of past governors of the Bank of Mozambique:
  • Adriano Maleiane - 1991-2006
  • Eneias Comiche - 1986-1991
  • Prakash Ratilal - 1981-1986
  • Sérgio Vieira - 1978-1981
  • Alberto Cassimo - 1975-1977

See also

• Central banks and currencies of Africa
• Economy of Mozambique
• List of central banks
• Mozambican metical

Countries using CFA franc There are two African currency unions; the West African Banque Centrale des Etats de lAfrique de lOuest (BCEAO) and the Central African Banque des Etats de lAfrique Centrale (BEAC). ... Economy - overview: At independence in 1975, Mozambique was one of the worlds poorest countries. ... List of central banks Afghanistan – Da Afghanistan Bank Albania – Bank of Albania Algeria – Bank of Algeria Argentina – Banco Central de la República Argentina Armenia – Central Bank of Armenia Aruba – Centrale Bank van Aruba Australia – Reserve Bank of Australia Azerbaijan – National Bank of Azerbaijan Bahrain – Bahrain Monetary Agency Bangladesh – Bangladesh... The metical (plural: meticais) is the currency of Mozambique. ...

External links

• (Portuguese) (English) Bank of Mozambique