The devaluation of the metical hit the country hard because Mozambique imports much of its goods from South Africa. ❋ Unknown (2010)
Instead a giant ferry -- an inefficient transportation system perpetually funded by the Dutch government -- carries cars and passengers across for a few metical per person. ❋ Unknown (2009)
Not a bad deal, considering that 24 metical equal about 1 dollar in the U.S. ❋ Unknown (2009)
The move was necessitated by the fact that the exchange rate of the Mozambican currency, the metical, against the rand had stabilised in the past year, the sources told the paper. ❋ Unknown (2007)
A mestizo, person of mixed race. metical (Port., pl. meticais). ❋ Unknown (2005)
It was replaced by the metical after independence in the 1970s. ❋ Unknown (2005)
As for the Mozambican currency, the metical, in the first 11 months of the year it had depreciated by 5.8 percent against the ❋ Unknown (2006)
The devaluation of the metical was at about five percent last year and this year it dropped to only 1 per cent. ❋ Unknown (1998)
Other economic performance indicators such as the currency, the metical, has been stable for the last two years, while inflation has been steadily falling to low levels. ❋ Unknown (1998)
Inflation has fallen 37 points since 1996 to 16.3 percent, the Gross Domestic Product is estimated at 6.4 percent, exports are growing and the national currency, the metical, is stable. ❋ Unknown (1997)
Salomao told reporters the government will have no trouble meeting its target of 14.2 percent inflation and that the currency, the metical, was devalued only 0.3 percent against the U.S. dollar in the first half of the year. ❋ Unknown (1997)
(The metical exchanges at 100,000 to the U.S. dollar) ❋ Unknown (1996)
Mocumbi further noted that the metical currency had suffered less devaluation recently than the rand in neighboring South ❋ Unknown (1996)
The rand/metical exchange rate is crucial because Mozambique imports large amounts of food from South Africa. ❋ Unknown (2010)
Currently, Mozambique is facing high inflation rate, which the Monetary Policy Committee blames on the strengthening of the South African rand against the Mozambican currency, the metical, and on rises in the price of fuel (after a 12 month fuel price freeze) and of water. ❋ Unknown (2010)
But Torero said it was wrong to link the Mozambique unrest to the global market price for wheat, saying the higher bread costs in the country followed a weakening of its currency, the metical, against the South African rand. ❋ Unknown (2010)
Guebuza swept to victory in a 75-percent landslide in elections last year, but his government has been unable to stop the recent slide of Mozambique's currency, the metical, which has plunged 43 percent against the South African rand. ❋ Unknown (2010)
Guebuza swept to victory in a 75% landslide in elections last year, but his government has been unable to stop the recent slide of Mozambique's currency, the metical, which has plunged ❋ Unknown (2010)
"what [medication] did you use to [get over] your [cold]?"
"I used my metication." ❋ Classybear (2017)
