Advertisement
Advertisement
metical
[ met-i-kal; Portuguese me-ti-kahl ]
noun
- a brass coin and monetary unit of Mozambique, equal to 100 centavos: replaced the escudo in 1980.
Example Sentences
When the full extent of the borrowing was revealed, donors cut off support to Mozambique and its currency, the metical, collapsed.
The government recently increased the price of fuel, after the value of the local currency – named metical – sunk against the dollar.
“There’s no money in the market,” said Julio Sethy, who expanded his trucking business only to see demand plummet last year as Mozambique’s metical currency crashed.
Growth is still robust but the metical MZN= currency lost a third of its value in 2015 and another concern for investors is fighting between government forces and guerrillas in some parts of Mozambique.
A thousand of them are worth a metical or gold dinar; and they string them by thousands, with a knot distinguishing the hundreds.
Advertisement
Advertisement
Advertisement
Advertisement
Browse