Regulatory Alerts1996-01-10
Added · Updated
Notice No. 17/GGBM/96 of 30 December - Retention of Export Revenues
The Bank of Mozambique authorizes exporting entities to retain up to 100% of their export revenues in foreign currency at authorized credit institutions. This regulation defines exports as transactions between residents and non-residents under the Exchange Law and revokes Notice No. 002/GGBM/96. The notice becomes effective on 2 January 1997.
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